Common use of LBE Payment and Utilization Tracking System Clause in Contracts

LBE Payment and Utilization Tracking System. If LBE Subcontracting Participation Requirements apply to a Contract awarded pursuant to this Solicitation, the Awarded Contractor shall: (a) Within three (3) business days of City’s payment of any invoice to Contractor, pay LBE subcontractors as provided under Chapter 14B.7(H)(9); and (b) Within ten (10) business days of City’s payment of any invoice to Contractor, confirm its payment to subcontractors using the City’s Supplier Portal Payment Module, unless instructed otherwise by CMD. Failure to submit all required payment information to the City’s Supplier Portal Payment Module with each payment request may result in the withholding of 20% of subsequent payments due. Self-Service Training is located at this link: xxxxx://xxxxxxxxxxxxxxxxxx.xxx/pages/training.aspx. The City and County of San Francisco utilizes the Paymode-X® service offered by Bank of America Xxxxxxx Xxxxx to pay City contractors. Contractor must sign up to receive electronic payments to be paid under this Agreement. To sign up for electronic payments, visit xxxx://xxxxxx.xxxxxxx.xxx/city_countyofsanfrancisco. At the option of the City, Contractor may be required to submit invoices directly in the City’s financial and procurement system (PeopleSoft) via eSettlement. Refer to xxxxx://xxxxxxxxxxxxx.xxxxx.xxx/pages/training.aspx for more information on eSettlement. For access to PeopleSoft eSettlement, submit a request through xxxxxxxxxxxxxxxxxxxxxxx@xxxxx.xxx.