Common use of INVOICING PROCEDURES Clause in Contracts

INVOICING PROCEDURES. In accordance with the procedures and requirements set forth in this Article, the Contractor shall invoice the Owner and the Owner shall pay the Contractor the Contract Sum. 15.3.1 At least every thirty calendar days after commencement of performance, but no more frequently than once a month, the Contractor shall submit invoices to the Design Professional requesting payment for labor and services rendered during the preceding thirty calendar days. The Owner’s designated Design Professional may require the Contractor to use a specific form for applications for payment, which Contractor shall use. Each invoice shall contain such detail and be backed up with whatever supporting information the Owner or Design Professional requests and shall at a minimum state: (i) the total Contract Sum; (ii) the amount due for properly provided labor, materials and equipment properly incorporated into the Project; and with respect to amounts invoiced for materials or equipment necessary for the Project and properly stored at the Site (or elsewhere if offsite storage is approved in writing by the Owner’s Project Representative), be accompanied by written proof that the Owner has title to such materials or equipment and that such material and equipment is fully insured against loss or damage; (iii) a breakdown of the various phases or parts of the Work as related to the Contract Sum; (iv) the value of the various phases or parts of the Work actually performed; (v) previously invoiced amounts and credit payments made; (vi) the total amount due, less any agreed retainage; and shall also have attached such Release and Affidavit and other documentation verifying the Contractor’s payment to subcontractors and suppliers as the Owner’s Project Representative or Design Professional may request. The Release and Affidavit shall be substantially in the form of the Release and Affidavit incorporated in the bid solicitation documents of this ITB and attached hereto as Exhibit C.

INVOICING PROCEDURES. In accordance with the procedures and requirements set forth in this Article, the Contractor Construction Manager shall invoice the Owner and the Owner shall pay the Contractor Construction Manager the Contract SumConstruction Price. 15.3.1 At least every thirty (30) calendar days after commencement of performance, but no more frequently than once a month, the Contractor Construction Manager shall submit invoices to the Design Professional requesting payment for labor and services rendered during the preceding thirty (30) calendar days. The Owner’s designated Design Professional may require the Contractor to use a specific form for applications for payment, which Contractor shall use. Each invoice shall contain such detail and be backed up with whatever supporting information the Owner or Design the Professional reasonably requests and shall at a minimum state: (i) The total Construction Price for the total Contract Sumphase; (ii) the The amount due for properly provided labor, materials and equipment properly incorporated into the Project; and with respect to amounts invoiced for materials or equipment necessary for the Project and properly stored at the Site (or elsewhere if offsite storage is approved in writing by the Owner’s Project Representative), be accompanied by written proof that the Owner has title to such materials or equipment and that such material and equipment is fully insured against loss or damage; (iii) a A breakdown of the various phases or parts of the Work as related to the Contract SumConstruction Price as shown on the Schedule of Values; (iv) the The value of the various phases or parts of the Work actually performed; (v) previously Previously invoiced amounts and credit payments made; (vi) the The total amount due, less any agreed retainage; (vii) Submit a current CPM Schedule with every pay application; and shall also have attached such Release and Affidavit lien waiver and other documentation verifying the ContractorConstruction Manager’s payment to subcontractors and suppliers as the Owner’s Project Representative Owner or Design the Professional may reasonably request. The Release and Affidavit shall be substantially in the form Without limitation, at any stage of the Release Work for any phase, the Owner may require that the Construction Manager provide a lien release executed by the Construction Manager, each Subcontractor having provided Notice to Owner and Affidavit incorporated in any other Subcontractor, Laborer, Materialman or person or entity providing labor, materials or services as may reasonably by required by the bid solicitation documents Owner which such release and waiver of this ITB and attached hereto as Exhibit C.lien shall relate to the work which is the subject of the Application for Payment.

INVOICING PROCEDURES. In Invoices will be submitted at the PO/Releases level. The Seller agrees to perform the services detailed at the prices specified in the PO/Releases. Invoices shall be submitted in accordance with the procedures PO. Invoices must be approved by an authorized SSR manager in order to be considered for payment processing. No invoice can be processed if the amount claimed exceeds the funding in the PO/Releases issued to Seller. The required invoice format is outlined below: (a) Time and requirements set forth in this ArticleMaterial PO/Releases invoices must be consistent with the work performed, and must indicate the PO/Release numbers issued, the Contractor shall invoice subtasks by charge number(s), the Owner and the Owner shall pay the Contractor the Contract Sum. 15.3.1 At least every thirty calendar days after commencement period of performance, but no more frequently than once a monthcurrent and cumulative totals for dollars and the name, title, date and signature from your company. Upon completion of the Contractor PO/Release issued hereunder and acceptance of all services described therein by SSR and the Customer, Seller shall submit invoices to the Design Professional requesting payment for labor and services rendered during the preceding thirty calendar daysreceive final payment. The Owner’s designated Design Professional may require the Contractor to use final invoice for all Seller Contract work will list all prior invoices and will be accompanied by a specific form for applications for paymentrelease of claims and any assignment forms, which Contractor shall use. Each invoice shall contain such detail and be backed up with whatever supporting information the Owner or Design Professional requests and shall at a minimum state:including assignments of warranties if applicable. (ib) Firm Fixed Price PO/Releases invoicing instructions will be provided in each PO/Release. All travel expenses shall be governed by FAR 31.205-46 Travel Costs. Expenses shall be incurred on an actual basis and receipts shall accompany all expenses exceeding $25 (excluding the total Contract Sum; (ii) daily meal per diem rate). All requests to exceed the amount due for properly provided labor, materials and equipment properly incorporated into the Project; and with respect to amounts invoiced for materials or equipment necessary for the Project and properly stored at the Site (or elsewhere if offsite storage is GSA hotel per diem rates must be approved in writing by the Owner’s Project Representative)Buyer prior to the booking of hotel accommodations. Additionally, Seller shall use the lowest commercial discount or standard airfare available unless such accommodations are not reasonably available. All requests to deviate from standard airfare must be accompanied approved in writing by written proof that the Owner has title Buyer prior to such materials or equipment booking. SSR standard payment terms are NET 30 days after receipt of an accepted invoice which are subject to final acceptance and that such material and equipment is fully insured against loss or damage; (iii) a breakdown inspection by SSR of the various phases product or parts of the Work as related service rendered. Such payment terms shall apply with respect to the Contract Sum; (iv) the value of the various phases or parts of the Work actually performed; (v) previously invoiced amounts any PO between Buyer and credit payments made; (vi) the total amount due, less any agreed retainage; and shall also have attached such Release and Affidavit and other documentation verifying the Contractor’s payment to subcontractors and suppliers as the Owner’s Project Representative or Design Professional may request. The Release and Affidavit shall be substantially Seller unless otherwise specified in the form of PO/Releases. Additional payment terms may be specified within the Release and Affidavit incorporated in the bid solicitation documents of this ITB and attached hereto as Exhibit C.PO/Releases.

INVOICING PROCEDURES. In Invoices will be submitted at the PO/Releases level. The Seller agrees to perform the services detailed at the prices specified in the PO/Releases. Invoices shall be submitted in accordance with the procedures PO. Invoices must be approved by an authorized SSR manager in order to be considered for payment processing. No invoice can be processed if the amount claimed exceeds the funding in the PO/Releases issued to Seller. The required invoice format is outlined below: (a) Time and requirements set forth in this ArticleMaterial PO/Releases invoices must be consistent with the work performed, and must indicate the PO/Release numbers issued, the Contractor shall invoice subtasks by charge number(s), the Owner and the Owner shall pay the Contractor the Contract Sum. 15.3.1 At least every thirty calendar days after commencement period of performance, but no more frequently than once a monthcurrent and cumulative totals for dollars and the name, title, date and signature from your company. Upon completion of the Contractor PO/Release issued hereunder and acceptance of all services described therein by SSR and the Customer, Seller shall submit invoices to the Design Professional requesting payment for labor and services rendered during the preceding thirty calendar daysreceive final payment. The Owner’s designated Design Professional may require the Contractor to use final invoice for all Seller Contract work will list all prior invoices and will be accompanied by a specific form for applications for payment, which Contractor shall use. Each invoice shall contain such detail release of claims and be backed up with whatever supporting information the Owner or Design Professional requests and shall at a minimum state:any assignment forms. (ib) Firm Fixed Price PO/Releases invoicing instructions will be provided in each PO/Release. All travel expenses shall be governed by FAR 31.205-46 Travel Costs. Expenses shall be incurred on an actual basis and receipts shall accompany all expenses exceeding $25 (excluding the total Contract Sum; (ii) daily meal per diem rate). All requests to exceed the amount due for properly provided labor, materials and equipment properly incorporated into the Project; and with respect to amounts invoiced for materials or equipment necessary for the Project and properly stored at the Site (or elsewhere if offsite storage is GSA hotel per diem rates must be approved in writing by the Owner’s Project Representative)Buyer prior to the booking of hotel accommodations. Additionally, Seller shall use the lowest commercial discount or standard airfare available unless such accommodations are not reasonably available. All requests to deviate from standard airfare must be accompanied approved in writing by written proof that the Owner has title Buyer prior to such materials or equipment booking. SIS standard payment terms are NET 30 days after receipt of an accepted invoice which are subject to final acceptance and that such material and equipment is fully insured against loss or damage; (iii) a breakdown inspection by SIS of the various phases product or parts of service rendered. Additional payment terms may be specified within the Work as related to the Contract Sum; (iv) the value of the various phases or parts of the Work actually performed; (v) previously invoiced amounts and credit payments made; (vi) the total amount due, less any agreed retainage; and shall also have attached such Release and Affidavit and other documentation verifying the Contractor’s payment to subcontractors and suppliers as the Owner’s Project Representative or Design Professional may request. The Release and Affidavit shall be substantially in the form of the Release and Affidavit incorporated in the bid solicitation documents of this ITB and attached hereto as Exhibit C.PO/Releases.