Common use of Invoice Format Clause in Contracts

Invoice Format. Invoices furnished by Contractor under this Agreement must be in a form acceptable to the Controller and City, and must include a unique invoice number. Payment shall be made by City as specified in 3.3.6 or in such alternate manner as the Parties have mutually agreed upon in writing. If the Agreement requires the use of LBE subcontractors, include the following paragraph. If not, delete body text and replace with “Reserved. (LBE Payment and Utilization Tracking System.)” LBE Payment and Utilization Tracking System. Contractor must submit all required payment information using the City’s Financial System as required by CMD to enable the City to monitor Contractor's compliance with the LBE subcontracting commitments in this Agreement. Contractor shall pay its LBE subcontractors within three working days after receiving payment from the City, except as otherwise authorized by the LBE Ordinance. The Controller is not authorized to pay invoices submitted by Contractor prior to Contractor’s submission of all required CMD payment information. Failure to submit all required payment information to the City’s Financial System with each payment request may result in the Controller withholding 20% of the payment due pursuant to that invoice until the required payment information is provided. Following City’s payment of an invoice, Contractor has ten calendar days to acknowledge using the City’s Financial System that all subcontractors have been paid. Self-Service Training for suppliers is located at this link: xxxxx://xxxxxxxxxxxxx.xxxxx.xxx/Training/TrainingGuide. All City vendors receiving new contracts, contract renewals, or contract extensions must sign up to receive electronic payments through the City's Automated Clearing House (ACH) payments service/provider. Electronic payments are processed every business day and are safe and secure. To sign up for electronic payments, visit xxx.xxxxx.xxx/xxx. The following information is required to sign up: (i) The enroller must be their company's authorized financial representative, (ii) the company's legal name, main telephone number and all physical and remittance addresses used by the company, (iii) the company's U.S. federal employer identification number (EIN) or Social Security number (if they are a sole proprietor), and (iv) the company's bank account information, including routing and account numbers. Subsection 3.3.7 is required only if this Agreement will be funded by the State or Federal government. If no State or Federal funds are involved, delete subsection 3.3.7. If no Federal or State Grant terms are required to be passed through, Section 3.3.7(b) and (c) may be deleted.

Invoice Format. Invoices furnished by Contractor under this Agreement must be in a form acceptable to the Controller and City, and must include a unique invoice number. Payment shall be made by City as to Contractor at the electronic address specified in 3.3.6 Section 3.3.6, or in such alternate manner as the Parties have mutually agreed upon in writing. If the Agreement requires the use of LBE subcontractors, then include the following paragraph. If not, delete body text and replace with “Reserved. (LBE Payment and Utilization Tracking System.)” Reserved. (LBE Payment and Utilization Tracking System). Contractor must submit all required CMD payment information using the City’s Financial System as required by CMD forms to enable the City CCO to monitor Contractor's ’s compliance with the LBE subcontracting commitments in this Agreement. Contractor shall pay its LBE subcontractors within three working days after receiving payment from the CitySFMTA, except as otherwise authorized by the LBE Ordinance. The Controller is not authorized to pay invoices submitted by Contractor prior to Contractor’s submission of all required CMD payment informationforms. Failure to submit all required CMD payment information to the City’s Financial System forms with each payment request may result in the Controller withholding 20% of the payment due pursuant to that invoice until the required CMD payment information is forms are provided. Following CitySFMTA’s payment of an invoice, Contractor has ten 10 calendar days to acknowledge using the City’s Financial System that all subcontractors have been paid. Self-Service Training for suppliers is located at this link: xxxxx://xxxxxxxxxxxxx.xxxxx.xxx/Training/TrainingGuidesubmit a CMD Form 9 Payment Affidavit verifying its payments to LBE subcontractors. All City vendors receiving new contracts, contract renewals, or contract extensions must sign up to receive electronic payments through the City's ’s Automated Clearing House (ACH) payments service/provider. Electronic payments are processed every business day and are safe and secure. To sign up for electronic payments, visit xxx.xxxxx.xxx/xxx. The following information is required to sign up: (i) The enroller must be their company's ’s authorized financial representative, (ii) the company's ’s legal name, main telephone number and all physical and remittance addresses used by the company, (iii) the company's ’s U.S. federal employer identification number (EIN) or Social Security number (if they are a sole proprietor), and (iv) the company's ’s bank account information, including routing and account numbers. Subsection  Subsection 3.3.7 is required only if this Agreement will be funded by the State or Federal federal government. If no State or Federal federal funds are involved, then delete subsection 3.3.7. If no Federal or State Grant terms are required to be passed through, Section 3.3.7(b) and (c) may be deleted.