METHOD OF BILLING AND PAYMENT. Contractor may submit invoices for compensation no more often than monthly, but only after the services for which the invoices are submitted have been completed. An original invoice plus one copy are due within fifteen (15) days of the end of the month except the final invoice which must be received no later than sixty (60) days after this Agreement expires. Invoices shall designate the nature of the services performed and/or the goods provided. City shall pay Contractor within forty-five (45) days of receipt of Contractor’s proper invoice, as provided in the Florida Local Government Prompt Payment Act. To be deemed proper, all invoices must comply with the requirements set forth in this Agreement and must be submitted on the form and pursuant to instructions prescribed by the City’s Contract Administrator. Payment may be withheld for failure of Contractor to comply with a term, condition, or requirement of this Agreement. Notwithstanding any provision of this Agreement to the contrary, City may withhold, in whole or in part, payment to the extent necessary to protect itself from loss on account of inadequate or defective work that has not been remedied or resolved in a manner satisfactory to the City’s Contract Administrator or failure to comply with this Agreement. The amount withheld shall not be subject to payment of interest by City.
METHOD OF BILLING AND PAYMENT. 6.2.1 Payment shall be due within thirty (30) days of date stipulated on the invoice, provided, invoice is accepted for payment. Payment shall be made only for approved invoices. The CITY retains the right to delay or withhold payment for services which have not been accepted by the CITY.
METHOD OF BILLING AND PAYMENT. 4.2.1 Second Party may submit invoices for compensation no more often than on a monthly basis, but only after the Services for which the invoices are submitted have been completed. An original invoice plus one copy are due within fifteen (15) days of the end of the month except the final invoice which must be received no later than sixty (60) days after this Agreement expires or is otherwise terminated. Invoices shall designate the nature of the Services performed and, as applicable, the personnel, hours, tasks, or other detail as requested by the Contract Administrator. Second Party shall submit with each invoice a Certification of Payments to Subcontractors and Suppliers (Exhibit F). The certification shall be accompanied by a copy of the notification sent to each Subcontractor and supplier listed on the form, explaining the good cause why payment has not been made.
4.2.2 Any invoice by Second Party shall be in the amount set forth in Exhibit B for the applicable Services, minus any agreed upon retainage as stated in Exhibit B. Retainage amounts shall only be invoiced to County upon completion of all Services under the Agreement, unless otherwise stated in Exhibit B.
4.2.3 County shall pay Second Party within thirty (30) calendar days of receipt of Second Party's proper invoice, as required by the "Broward County Prompt Payment Ordinance," Section 1-51.6, Broward County Code of Ordinances. To be deemed proper, all invoices must comply with the requirements set forth in this Agreement and must be submitted on the form and pursuant to instructions prescribed by the Contract Administrator. Payment may be withheld for failure of Second Party to comply with a term, condition, or requirement of this Agreement.
4.2.4 Second Party shall pay its Subcontractors and suppliers within fifteen (15) days following receipt of payment from County for such subcontracted work or supplies. Second Party agrees that if it withholds an amount as retainage from Subcontractors or suppliers, it will release such retainage and pay same within fifteen (15) days following receipt of payment of retained amounts from County. Failure to pay a Subcontractor or supplier in accordance with this subsection shall be a material breach of this Agreement, unless Second Party demonstrates that such failure to pay results from a bona fide dispute with the Subcontractor or supplier.
METHOD OF BILLING AND PAYMENT. (a) For lump sum contracts, the Consultant may submit bills to the County at the completion and approval of each task or at the partial completion of a task on a pro-rata basis. However, requests for payment shall not be made more frequently than once a month. The Consultant shall submit such monthly statements identifying the nature of the work performed. Calculations shall be made monthly of the amount and value of the work accomplished and services performed by the Consultant which meet the standards of quality established under this Agreement. The estimates shall be prepared by the Consultant and accompanied by such supporting data as required by the Contract Administrator.
(b) The County agrees that it shall pay the Consultant within forty five (45) business days of receipt of the Consultant’s statement provided that the invoice is correct and is consistent with the terms of this Agreement.
(c) Payments under this Agreement and interest on any late payments shall be governed by the Florida Prompt Payment Act, §§ 218.70, et seq., as amended.
METHOD OF BILLING AND PAYMENT. (a) For lump sum contracts, the Consultant may submit bills to the County at the completion and approval of each task or at the partial completion of a task on a pro-rata basis. However, requests for payment shall not be made more frequently than once a month. The Consultant shall submit such monthly statements identifying the nature of the work performed. Calculations shall be made monthly of the amount and value of the work accomplished and services performed by the Consultant which meet the standards of quality established under this Agreement. The estimates shall be prepared by the Consultant and accompanied by such supporting data as required by the Contract Administrator.
(b) Payments under this Agreement and interest on any late payments shall be governed by the Local Government Prompt Payment Act, §§ 218.70, et seq., as amended.
METHOD OF BILLING AND PAYMENT. Municipality shall invoice County only in accordance with the Funding Schedule. Any credit due to County under Section 5.6 must be reflected on the next applicable invoice. To be proper, each invoice must comply with the requirements of Exhibit B and be accompanied by a certification by the chief administrative officer and the chief financial officer of Municipality, or such other persons designated by Municipality with authority to act in similar capacities, that all funds received and utilized to date by Municipality under this Agreement were utilized only for the Project, only for the portion(s) of the Project that the Oversight Board and County determined were eligible for surtax funding, and only for purposes that Municipality independently determined were eligible for surtax funding. County shall pay Municipality in accordance with the Funding Schedule within thirty (30) days of receipt of Municipality’s proper invoice. Payment shall be made to Municipality at the address designated by Municipality for notices pursuant to Section 11.6.
METHOD OF BILLING AND PAYMENT. 8.2.1 The Contractor shall submit xxxxxxxx, which are identified by the specific Contract Document number on a monthly basis and in a timely manner. The Project Manager shall verify completion of the various stages as noted and authorize payment. The Contractor may submit a request for payment thirty (30) days after beginning construction and every thirty (30) days thereafter. Payment will be based on quantities certified by the Contractor. The Contractor’s requisition shall show a complete breakdown of the Project components, the quantities completed, and the amount due, together with a Partial Release of Lien form and such supporting evidence as may be required by the Project Manager. When applicable, the requisition for payment shall be accompanied by a completed Statement of Compliance.
8.2.2 Requests for final payment shall be accompanied by final release of liens from all subcontractors and project close-out documents. In no instance shall final billing exceed the amount allocated in the Contract Document. An updated construction schedule shall be submitted at least monthly to the City and its Consultants along with the pay request.
8.2.2.1 The City may provide direct purchase orders (DPO) to the Contractor for the direct purchase of certain materials for this Project strictly for tax-savings purposes. All direct purchases shall be made in consultation with the Contractor, and the amounts deducted from the total project cost as per the Contractor’s bid. The Contractor shall remain fully responsible for all related activities for such direct purchases, including but not limited to communications with the material suppliers, ordering, delivery, receiving, storage, invoicing, and obtaining Releases of Liens. The City shall only process payments related to such direct purchases upon written approval by the Contractor. Any remaining funds left in a DPO after final payment is made to the material supplier shall be liquidated in favor of the City.
8.2.3 The City agrees that it will pay the Contractor within forty-five (45) calendar days of receipt of the Contractor’s proper statement, as provided above, accompanied by an updated construction schedule and as-built drawings, subject however to other provisions provided for in this Agreement. All payments shall be made in accordance with Florida Prompt Payment Act, Section 218.74, Florida Statutes.
8.2.4 Five percent (5%) of all monies earned by the Contractor shall be retained by the City until the Project is...
METHOD OF BILLING AND PAYMENT. 4.1 MAGISTRATE will maintain a detailed record of time for his work under this Agreement, to include hearing date, time spent hearing each petition on said date and time spent providing services after each hearing date in order to complete recommendations for each petition on said hearing date. MAGISTRATE shall submit an invoice for each assigned hearing date, in the format specified or accepted by VAB, immediately upon completion of recommendations to VAB for petitions heard on each hearing date. All invoices shall be submitted directly to the Clerk to the Board's Office, 000 Xxxxxxx Xxxxx, Suite 110, Pensacola, Florida 32502. Invoices will not be paid unless and until all recommendations for the corresponding hearing dates are completed correctly, excluding any remands for the same. All invoices shall be signed and certified by MAGISTRATE as being accurate. In no event shall MAGISTRATE submit any invoice later than thirty (30) calendar days after the corresponding hearing date.
4.2 MAGISTRATE acknowledges that each invoice must be reviewed and approved by the VAB or its designee. Should VAB or its designee determine that the invoice is not commensurate with services performed, work accomplished, hours allotted pursuant to this Agreement or hours extended, the VAB Clerk will contact MAGISTRATE in order to resolve any issues or concerns. MAGISTRATE shall be entitled to payment of any portion of an invoice not in dispute and/or which is approved pursuant to Section 2.2 herein, if applicable.
4.3 VAB shall pay MAGISTRATE'S invoices in accordance with §§ 218.70 through 218.80, Florida Statutes, also known as "The Florida Prompt Payment Act."
METHOD OF BILLING AND PAYMENT. 5.4.1 Artist may submit invoices only for goods and services that have been completed and in accordance with the Payment Schedule set forth in Exhibit B. An original plus one copy of each invoice must be submitted within fifteen (15) days after the end of the month for which payment is sought, except that the final invoice must be submitted no later than sixty (60) days after all services are completed.
5.4.2 County shall pay Artist within thirty (30) calendar days of receipt of Artist’s proper invoice statement by County’s chief disbursement officer after any required approvals, as required by the “Broward County Prompt Payment Ordinance” (Section 1-51.6 of the Broward County Code of Ordinances). To be deemed proper, an invoice must comply with all requirements set forth in this Agreement and must be submitted pursuant to any instructions prescribed by the Contract Administrator. County shall have the right to withhold payment of the invoice based on Artist’s failure to comply with any term, condition, or requirement of this Agreement. The parties hereto agree that any amounts so withheld shall not be subject to payment of any interest by County.
METHOD OF BILLING AND PAYMENT. 4.3.1 The CITY shall within thirty (30) days, from the date the City's Public Service Director approves the Application for Payment, pay the CONTRACTOR the amount approved by the CITY’s Public Services Director or his/her assignees.
4.3.2 Payment will be made to CONTRACTOR at:
