MANAGEMENT CHARGE. 16.1 In consideration of the award of this Framework Agreement and the management and administration by the Authority of the overall contractual structure and associated documentation, the Supplier shall pay to the Authority the Management Charge in accordance with Clause 16.2. 16.2 The Authority shall submit invoices to the Supplier in respect of the Management Charge due each Month based on the Management Information provided pursuant to Framework Schedule 8 (Management Information Requirements), and adjusted:β 16.2.1 in accordance with paragraph 5 of Framework Schedule 8 (Provision of Management Information) to take into account any Admin Fee(s) that may have accrued; and 16.2.2 pursuant to paragraph 6 of Framework Schedule 8 (Provision of Management Information) to take into account any under payment of the Management Charge. 16.3 The Supplier shall pay electronically via the BACS the amount stated in any invoice submitted under Clause 16.2 within twenty eight (28) Working Days of the date of issue of the invoice. 16.4 The Management Charge shall apply to the full Charges as specified in each and every Order and shall not be varied as a result of any reduction in the Charges due to the application of any service credits and/or any other deductions made under any Call-Off Agreement. 16.5 The Management Charge shall be exclusive of VAT. The Supplier shall pay the VAT on the Management Charge at the rate and in the manner prescribed by Law from time to time. 16.6 Interest shall be payable on any late payments of the Management Charge under this Framework Agreement in accordance with the Late Payment of Commercial Debts (Interest) Xxx 0000.
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Samples: It Hardware and Solutions Framework Agreement, Framework Agreement
MANAGEMENT CHARGE. 16.1 In consideration of the establishment and award of this Framework Agreement and the management and administration by the Authority of the overall contractual structure and associated documentationsame, the Supplier shall agrees to pay to the Authority the Management Charge in accordance with Clause 16.2.
16.2 The Authority shall be entitled to submit invoices to the Supplier in respect of the Management Charge due each Month based on the Management Information provided pursuant to Framework Schedule 8 (Management Information RequirementsInformation), and adjusted:βadjusted:
16.2.1 in accordance with paragraph 5 5.5 of Framework Schedule 8 (Provision of Management Information) to take into account of any Admin Fee(s) that may have accruedaccrued in respect of the late provision of Management Information; and
16.2.2 pursuant to paragraph 6 of Framework Schedule 8 (Provision of Management Information) to take into account any under payment of the Management Charge.
16.3 The Unless agreed otherwise the Supplier shall pay electronically via the BACS the amount stated in any invoice submitted under Clause 16.2 within twenty eight thirty (2830) Working Days calendar days of the date of issue of the invoice.
16.4 The Management Charge shall apply to the full Charges as specified in each and every Order and shall not be varied as a result of any reduction in the Charges due to the application of any service credits and/or any other deductions made under any Call-Off Agreement.
16.5 The Management Charge shall be exclusive of VAT. The Supplier shall pay the VAT on the Management Charge at the rate and in the manner prescribed by Law from time to time.
16.6 Interest shall be payable on any late payments of the Management Charge under this Framework Agreement in accordance with the Late Payment of Commercial Debts (Interest) Xxx 0000.
Appears in 1 contract
Samples: Framework Agreement