Common use of Interest on Late Payments Clause in Contracts

Interest on Late Payments. a. State Agencies The payment of interest on certain payments due and owed by Agency may be made in accordance with Article 11-A of the State Finance Law (SFL §179-d et. Seq.) and Title 2 of the New York Code of Rules and Regulations, Part 18 (Implementation of Prompt Payment Legislation -2 NYCRR §18.1 et seq.).

Appears in 156 contracts

Samples: Food (Baked Goods) Contract, Consent to Assignment, Centralized Contract for the Acquisition of Microcomputer Systems and Related Services

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Interest on Late Payments. a. State Agencies The payment of interest on certain payments due and owed by Agency a State agency may be made in accordance with Article 11-A of the State Finance Law (SFL §179-d et. Seq.) and Title 2 of the New York Code of Rules and Regulations, Part 18 (Implementation of Prompt Payment Legislation -2 NYCRR §18.1 et seq.Legislation).

Appears in 22 contracts

Samples: Centralized Contract for the Acquisition of Assistive Technology for Persons With Disabilities, Centralized Contract for the Acquisition of Networking Hardware and Software, Contract for the Acquisition of Networking Hardware and Software

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Interest on Late Payments. a. State Agencies The payment of interest on certain payments due and owed by Agency a State agency may be made in accordance with Article 11-A of the State Finance Law (SFL §179-d et. Seq.) and Title 2 of the New York Code of Rules and Regulations, Part 18 (Implementation of Prompt Payment Legislation -2 NYCRR §18.1 et seq.Legislation).

Appears in 4 contracts

Samples: Centralized Contract for the Acquisition of Printers, Software, Peripherals, Accessories and Related Services, Contract for the Acquisition of Proprietary Software and Related Services, Contract for the Acquisition of Proprietary Software and Related Services

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