Florida Prompt Payment Act Sample Clauses

Florida Prompt Payment Act. The City shall make payment in accordance with the Florida Prompt Payment Act, Part VII, Chapter 218, Florida Statutes.
Sample 1
AutoNDA by SimpleDocs
Florida Prompt Payment Act. The Florida Prompt Payment Act shall apply to this Agreement. Interest penalties will only be paid in accordance with § 218.70, Fla. Stat.
Sample 1
Florida Prompt Payment Act. The Town shall pay the Contractor in accordance with the Florida Prompt Payment Act after approval and acceptance of the Services by the Town Manager.
Sample 1
Florida Prompt Payment Act. The Design-Builder agrees and acknowledges that the limited portion of the Florida Prompt Payment Act, as set forth in Section 218.735(6), Florida Statutes, pertaining to “timely payment for purchase of construction services” in incorporated by reference into this Agreement with respect to the Design-Builder’s obligation to pay subcontractors and sub-consultants. Consistent with Section 218.735(6), Florida Statutes, when the Design-Builder receives payment for labor, services or materials furnished by any subcontractor, supplier or sub- consultant hired by the Design-Builder, the Design-Builder must submit payment to those subcontractors, suppliers and/or sub-consultants within fifteen (15) days after Design-Builder’s receipt of payment. Design-Builder will flow this requirement to its sub-subcontractors and sub-sub-consultants such that when a sub-contractor receives payment from the Design-Builder for labor, services or materials furnished by sub-subcontractors or sub-sub- consultants hired by the subcontractor or sub-consultant, the subcontractor or sub-consultant will remit payment due to those sub-subcontractors and sub-sub-consultants within fifteen (15) days after the subcontractor’s and sub-consultant’s receipt of payment.
Sample 1
Florida Prompt Payment Act 
Sample 1Sample 2

Related to Florida Prompt Payment Act

  • IRAN DIVESTMENT ACT By entering into this Agreement, Contractor certifies in accordance with State Finance Law §165-a that it is not on the “Entities Determined to be Non-Responsive Bidder/Offerer pursuant to the New York State Iran Divestment Act of 2012” (“Prohibited Entities List”) posted at: xxxx://xxx.xxx.xx.xxx/about/regs/docs/ListofEntities.pdf Finance Law §165-a) is in violation of the above- referenced certifications, the state agency will review such information and offer the person an opportunity to respond. If the person fails to demonstrate that it has ceased its engagement in the investment activity which is in violation of the Act within 90 days after the determination of such violation, then the state agency shall take such action as may be appropriate and provided for by law, rule, or contract, including, but not limited to, imposing sanctions, seeking compliance, recovering damages, or declaring the Contractor in default. The state agency reserves the right to reject any bid, request for assignment, renewal or extension for an entity that appears on the Prohibited Entities List prior to the award, assignment, renewal or extension of a contract, and to pursue a responsibility review with respect to any entity that is awarded a contract and appears on the Prohibited Entities list after contract award. Contractor further certifies that it will not utilize on this Contract any subcontractor that is identified on the Prohibited Entities List. Contractor agrees that should it seek to renew or extend this Contract, it must provide the same certification at the time the Contract is renewed or extended. Contractor also agrees that any proposed Assignee of this Contract will be required to certify that it is not on the Prohibited Entities List before the contract assignment will be approved by the State. During the term of the Contract, should the state agency receive information that a person (as defined in State GENERAL SPECIFICATIONS APPENDIX B APPENDIX B GENERAL SPECIFICATIONS GENERAL SPECIFICATIONS APPENDIX B TABLE OF CONTENTS GENERAL PAGE 1. Ethics Compliance 1 2. Definitions 1-2 BID SUBMISSION

  • Age Discrimination Act of 1975 The Contractor shall comply with the Age Discrimination Act of 1975 (42 U.S.C. § 6101 et seq.), as amended, and any applicable regulations. No person in the United States shall, on the basis of age, be excluded from participation in, be denied the benefits of, or be subjected to discrimination under, any program or activity receiving Federal financial assistance.

  • Federal Water Pollution Control Act 1. The contractor agrees to comply with all applicable standards, orders, or regulations issued pursuant to the Federal Water Pollution Control Act, as amended, 33 U.S.C. 1251 et seq.

  • Section 504 of the Rehabilitation Act of 1973 The Contractor shall comply with section 504 of the Rehabilitation Act of 1973 (29 U.S.C. § 794), as amended, and any applicable regulations. The Contractor agrees that no qualified individual with handicaps shall, solely on the basis of handicap, be excluded from participation in, be denied the benefits of, or otherwise be subjected to discrimination under any program or activity that receives Federal financial assistance from HUD.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!