Common use of INVOICE AND PAYMENT Clause in Contracts

INVOICE AND PAYMENT. A. Grantee shall establish and maintain an independent cost center that is accessible and identifies the source and application of funds provided under this Statement of Work and original source documentation substantiating that costs are specifically and solely allocable to this Statement of Work and are traceable from the transaction to the general ledger or other workpaper accounting for the use of funds. B. Grantee shall submit invoices based on the schedule outlined in Table 1 using the State of Texas Purchase Voucher Form 4116, which is incorporated by reference and can be downloaded at: xxxxx://xxx.xxx.xxxxx.xxx/regulations/forms/4000-4999/form-4116- authorization-expenditures. C. All invoices not received by the scheduled due date as outlined in Table 1 above are considered late and will require justification from the Grantee for the late submission. D. Documentation and data required for invoice submission includes: 1. Name, address, and telephone number of Grantee on the State of Texas Purchase Voucher Form 4116;

INVOICE AND PAYMENT. A. Grantee shall establish and maintain an independent cost center that is accessible and identifies the source and application of funds provided under this Statement of Work and original source documentation substantiating that costs are specifically and solely allocable to this Statement of Work and are traceable from the transaction to the general ledger or other workpaper accounting for the use of fundsledger. B. Grantee shall submit invoices based on the schedule outlined in Table 1 using the State of Texas Purchase Voucher Form 4116, which is incorporated by reference and can be downloaded at: xxxxx://xxx.xxx.xxxxx.xxx/regulations/forms/4000-4999/form-4116- authorizationxxxxx://xxx.xxxxx.xxx/laws-regulations/forms/4000-4999/form-4116-state-texas- purchase-expendituresvoucher. C. All invoices not received by the scheduled due date as outlined in Table 1 above are considered late and will require justification from the Grantee for the late submission. D. Documentation and data required for invoice submission includes: 1. Name, address, and telephone number of Grantee on the State of Texas Purchase Voucher Form 4116;