Common use of Monthly Certified Statements Clause in Contracts

Monthly Certified Statements. Each month the Contractor shall detail its budgeted and non-budgeted Reimbursable Expenses in the Monthly Certified Statement prepared in accordance Article V A.5 and Exhibit C. The amount claimed for Reimbursable Expenses shall be based on actual costs and expenditures, not estimates. The monthly statement shall include a certification that the Authority has not previously reimbursed the Contractor for any of the itemized costs and expenses. The monthly statement shall also include a detailed schedule of all Scrip processed by Washington Flyer™ taxicab concession contractors subtotaled by taxicab company, and by airline with a total for the month. The monthly statement shall be certified by an authorized official of the Contractor and shall be delivered to the Authority no later than the fifteenth (15th) day of the following month or the first business day after the fifteenth (15th) if it falls on a weekend or holiday. The Authority must approve any changes to the format of the Monthly Certified Statement in advance in writing. The Monthly and Annual Certified Statements shall be forwarded to the Authority at the addresses below: Certified Statement and Supporting Documentation Contracting Officer MA-230 Metropolitan Washington Airports Authority P.O. Box 17045 Washington Dulles International Airport Washington, DC 20041 Copy of Certified Statement Accounting – Revenues and Collections Manager, MA 22-A Metropolitan Washington Airports Authority 1 Aviation Circle Xxxxxx Xxxxxx Xxxxxxxxxx Xxxxxxxx Xxxxxxx Xxxxxxxxxx, XX 00000 Without waiving any other right of action available to the Authority in the event of default in payment of charges and fees hereunder, if the Contractor fails to make a payment to the Authority when due and said failure continues for a consecutive period of thirty (30) days, late charges will be assessed. Late charges may consist of interest and penalties. Thereafter, late charges will be assessed for each additional 30-day period or portion thereof that the payment is late. The interest rate shall be at the rate per annum which is four percent (4%) higher than the prime rate as published in The Wall Street Journal on the date such payment was due. In addition to interest, monthly late penalty charges at the rate of six percent (6%) per annum (or as established periodically) of the amount due will be assessed on the unpaid portion of accounts more than ninety (90) days past due.

Monthly Certified Statements. Each month the Contractor shall detail its budgeted and non-budgeted Reimbursable Expenses in the Monthly Certified Statement prepared in accordance with Article V A.5 VII.A.5 and Exhibit C. The amount claimed for Reimbursable Expenses shall be based on actual costs and expenditures, not estimates. I. The monthly statement shall include a certification that the Authority has not previously reimbursed the Contractor for any of the itemized costs and expenses. The monthly statement shall also include a detailed schedule of all Scrip processed by Washington Flyer™ taxicab concession contractors subtotaled by taxicab company, and by airline with a total for the month. The monthly statement shall be certified by an authorized official of the Contractor and shall be delivered to the Authority in hard copy and electronically no later than the fifteenth (15th) day of the following month or the first business day after the fifteenth (15th) if it falls on a weekend or holiday. The Authority must approve any changes to the format of the Monthly Certified Statement in advance in writing. There must also be an audit trail of all individual transactions that reconcile to the amounts included in the Monthly Certified Statement. The Monthly and Annual Certified Statements shall be forwarded to the Authority at the addresses below: Certified Statement and Supporting Documentation Contracting Officer MA-230 Contract Management Division Manager, MA-132 Metropolitan Washington Airports Authority P.O. Box 17045 Washington Dulles International Airport WashingtonXxxxxx Xxxxxx Xxxxxxxxxx Xxxxxxxx Xxxxxxx Xxxxxxxxxx, DC 20041 XX 00000 XXXXxxxxxxxXxxxxxxxxx@xxxx.xxx Copy of Certified Statement Accounting – Revenues and Collections Manager, MA 22-A MA-22A Metropolitan Washington Airports Authority 1 Aviation Circle Xxxxxx Xxxxxx Xxxxxxxxxx Xxxxxxxx Xxxxxxx Xxxxxxxxxx, XX 00000 Without waiving any other right of action available to the Authority in the event of default in payment of charges and fees hereunder, if the Contractor fails to make a payment to the Authority when due and said failure continues for a consecutive period of thirty (30) days, late charges will be assessed. Late charges may consist of interest and penalties. Thereafter, late charges will be assessed for each additional 30-day period or portion thereof that the payment is late. The interest rate shall be at the rate per annum which is four percent (4%) higher than the prime rate as published in The Wall Street Journal on the date such payment was due. In addition to interest, monthly late penalty charges at the rate of six percent (6%) per annum (or as established periodically) of the amount due will be assessed on the unpaid portion of accounts more than ninety (90) days past due.

Monthly Certified Statements. Each month the Contractor shall detail its budgeted and non-budgeted Reimbursable Expenses in the Monthly Certified Statement prepared in accordance Article V A.5 and Exhibit C. The amount claimed for Reimbursable Expenses shall be based on actual costs and expenditures, not estimatesVII.A.5. The monthly statement shall include a certification that the Authority has not previously reimbursed the Contractor for any of the itemized costs and expenses. The monthly statement shall also include a detailed schedule of all Scrip processed by Washington Flyer™ taxicab concession contractors subtotaled by taxicab company, and by airline with a total for the month. The monthly statement shall be certified by an authorized official of the Contractor and shall be delivered to the Authority no later than the fifteenth (15th) day of the following month or the first business day after the fifteenth (15th) if it falls on a weekend or holiday. The Authority must approve any changes to the format of the Monthly Certified Statement in advance in writing. There must also be an audit trail of all individual transactions that reconcile to the amounts included in the Monthly Certified Statement. The Monthly and Annual Certified Statements Statement shall be forwarded to the Authority at the addresses below: Certified Statement and Supporting Documentation Contracting Officer MA-230 Contract Management Division Manager, MA-132 Metropolitan Washington Airports Authority P.O. Box 17045 Washington Dulles International Airport WashingtonXxxxxx Xxxxxx Xxxxxxxxxx Xxxxxxxx Xxxxxxx Xxxxxxxxxx, DC 20041 XX 00000 Copy of Certified Statement Accounting – Revenues and Collections Manager, MA 22-A Metropolitan Washington Airports Authority 1 Aviation Circle Xxxxxx Xxxxxx Xxxxxxxxxx Xxxxxxxx Xxxxxxx Xxxxxxxxxx, XX 00000 Without waiving any other right of action available to the Authority in the event of default in payment of charges and fees hereunder, if the Contractor fails to make a payment to the Authority when due and said failure continues for a consecutive period of thirty (30) days, late charges will be assessed. Late charges may consist of interest and penalties. Thereafter, late charges will be assessed for each additional 30-day period or portion thereof that the payment is late. The interest rate shall be at the rate per annum which is four percent (4%) higher than the prime rate as published in The Wall Street Journal on the date such payment was due. In addition to interest, monthly late penalty charges at the rate of six percent (6%) per annum (or as established periodically) of the amount due will be assessed on the unpaid portion of accounts more than ninety (90) days past due.

Monthly Certified Statements. Each month the Contractor shall detail its budgeted and non-budgeted Reimbursable Expenses in the Monthly Certified Statement prepared in accordance with Article V A.5 VII.A.5 and Exhibit C. The amount claimed for Reimbursable Expenses shall be based on actual costs and expenditures, not estimates. I. The monthly statement shall include a certification that the Authority has not previously reimbursed the Contractor for any of the itemized costs and expenses. The monthly statement shall also include a detailed schedule of all Scrip processed by Washington Flyer™ taxicab concession contractors subtotaled by taxicab company, and by airline with a total for the month. The monthly statement shall be certified by an authorized official of the Contractor and shall be delivered to the Authority no later than the fifteenth (15th) day of the following month or the first business day after the fifteenth (15th) if it falls on a weekend or holiday. The Authority must approve any changes to the format of the Monthly Certified Statement in advance in writing. There must also be an audit trail of all individual transactions that reconcile to the amounts included in the Monthly Certified Statement. The Monthly and Annual Certified Statements shall be forwarded to the Authority at the addresses below: Certified Statement and Supporting Documentation Contracting Officer MA-230 Metropolitan Washington Airports Authority P.O. Box 17045 Washington Dulles International Airport Washington, DC 20041 Copy of Certified Statement Accounting – Revenues and Collections Manager, MA 22-A MA-22A Metropolitan Washington Airports Authority 1 Aviation Circle Xxxxxx Xxxxxx Xxxxxxxxxx Xxxxxxxx Xxxxxxx Xxxxxxxxxx, XX 00000 Without waiving any other right of action available to the Authority in the event of default in payment of charges and fees hereunder, if the Contractor fails to make a payment to the Authority when due and said failure continues for a consecutive period of thirty (30) days, late charges will be assessed. Late charges may consist of interest and penalties. Thereafter, late charges will be assessed for each additional 30-day period or portion thereof that the payment is late. The interest rate shall be at the rate per annum which is four percent (4%) higher than the prime rate as published in The Wall Street Journal on the date such payment was due. In addition to interest, monthly late penalty charges at the rate of six percent (6%) per annum (or as established periodically) of the amount due will be assessed on the unpaid portion of accounts more than ninety (90) days past due.