Expedited Payments (Excludes TCR Projects Sample Clauses

Expedited Payments (Excludes TCR Projects. Should RECIPIENT have a valid Memorandum of Understanding (MOU) for “Expedited Payment” on file with STATE’s Accounting Service Center, RECIPIENT will, not more frequently than as authorized by that MOU, prepare and submit to STATE an Expedited Payment Invoice for reimbursements that are consistent with that MOU, this AGREEMENT, and the applicable PROGRAM SUPPLEMENT. Expedited Payments are subject to policies established in the Caltrans Accounting Manual . One time payments and final payments eligible for expedited pay pursuant to this Section will have ten percent (10%) of each invoice amount withheld until PROJECT completion and STATE has evaluated RECIPIENT’s performance and made a determination that all requirements assumed under this AGREEMENT and the relevant PROGRAM SUPPLEMENT have been satisfactorily fulfilled by RECIPIENT.
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Related to Expedited Payments (Excludes TCR Projects

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