Common use of Interim payments and payment of the balance Clause in Contracts

Interim payments and payment of the balance. The contractor (or leader in the case of a joint tender) must send an invoice for interim payment, as provided for in Article I.6 or in the tender specifications or in the specific contract. The contractor (or leader in the case of a joint tender) must send an invoice for payment of the balance within 60 days of the end of the period of provision of the supplies, as provided for in Article I.6, in the tender specifications or in the specific contract. Payment of the invoice and approval of documents does not imply recognition of the regularity, authenticity, completeness and correctness of the declarations and information they contain. Payment of the balance may take the form of recovery.

Appears in 7 contracts

Samples: Framework Contract for Supplies, Framework Contract for Supplies, Framework Contract for Supplies

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Interim payments and payment of the balance. The contractor (or leader in the case of a joint tender) must send an invoice for interim payment, as provided for in Article I.6 I.5 or in the tender specifications or in the specific contract. The contractor (or leader in the case of a joint tender) must send an invoice for payment of the balance within 60 days of the end of the period of provision of the suppliesservices, as provided for in Article I.6I.5, in the tender specifications or in the specific contract. Payment of the invoice and approval of documents does not imply recognition of the regularity, authenticity, completeness and correctness of the declarations and information they contain. Payment of the balance may take the form of recovery.

Appears in 2 contracts

Samples: Framework Contract for Design Services, Framework Contract for Consultancy Services

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Interim payments and payment of the balance. The contractor (or leader in the case of a joint tender) must send an invoice for interim payment, as provided for in Article I.6 or in the tender specifications or in the specific contract. The contractor (or leader in the case of a joint tender) must send an invoice for payment of the balance within 60 sixty (60) days of the end of the period of provision of the supplies, as provided for in Article I.6, in the tender specifications or in the specific contract. Payment of the invoice and approval of documents does not imply recognition of the regularity, authenticity, completeness and correctness of the declarations and information they contain. Payment of the balance may take the form of recovery.

Appears in 1 contract

Samples: Framework Contract for Supplies

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