Electronic Payment Requirement. The Contractor must be able to receive electronic fund transfer (EFT) payments.
Electronic Payment Requirement. As required by MCL 18.1283a, the Contractor must electronically register with the State at xxxx://xxx.xxxxxxxx.xxx/cpexpress to receive electronic fund transfer (EFT) payments.
Electronic Payment Requirement. Contractor is apprised that its bills, documentation supporting charges in those bills, and all invoices paid under this Contract are subject to audit by auditors internal or external to ITS, and agrees to provide complete and accurate billing invoices to ITS in order to be eligible for payment. "Complete and accurate billing invoices" means invoices submitted to ITS containing all information and supporting documentation required by the Contract, ITS, and OSC with an itemization of each product or service. Contractor shall provide such itemization at a level of detail reasonably requested by ITS, including a breakdown of travel, lodging or other ancillary costs with enough detail for ITS to be able to confirm that Contractor is abiding by the requirements of the immediately preceding section of these terms. Contractor shall cooperate with ITS' reasonable requests for greater detail as required. Payment for invoices submitted by the Contractor shall be rendered electronically, unless payment by paper check is expressly authorized by ITS in its sole discretion, due to extenuating circumstances. Such electronic payment shall be made in accordance with ordinary State procedures and practices. The Contractor shall comply with OSC's procedures to authorize electronic payments. Authorization forms are available at OSC's website at xxx.xxx.xxxxx.xx.xx/xxxx/xxxxx.xxx, by e-mail at xxxxxx@xxx.xxxxx.xx.xx, or by telephone at 000-000-0000. Contractor acknowledges that it will not be eligible for payment on any invoices submitted under this Contract if it does not comply with OSC's electronic payment procedures, except where ITS has expressly authorized payment by paper checks as set forth above.
Electronic Payment Requirement. Electronic transfer of funds is required for payments on State Contracts. Contractors are required to register with the State electronically at xxxx://xxx.xxxxxxxxx.xxxxx.xx.xx. As stated in Public Act 431 of 1984, all contracts that the State enters into for the purchase of goods and services shall provide that payment will be made by electronic fund transfer (EFT). Lessor and Lessee have caused this Lease to be executed in their names by their duly authorized representatives as of the date first above written. Name:_______________________________DATE_____________ (signature) Name: ________________________________________ (print) Title: __________________________________________ Fed. I.D. ________________________________________ Name:_________________________________DATE___________ (signature) Name: ___________________________________________
