Common use of Monthly Payment Clause in Contracts

Monthly Payment. City shall make monthly payments, based on invoices received, for services satisfactorily performed, and for authorized reimbursable costs incurred. City shall have thirty (30) days from the receipt of an invoice that complies with all of the requirements above and is otherwise acceptable to the City to pay Consultant. Ten (10) percent shall be retained by the City from each Agreement billing until the completion of the Agreement unless authorized differently by City. In the event that an invoice is not acceptable to the City, said invoice shall be returned to Consultant within thirty (30) days of the City’s receipt of the invoice with a detailed explanation of the deficiency. City’s obligation to pay a returned invoice shall not arise earlier than thirty (30) days after resubmission of the corrected invoice.

Monthly Payment. City shall make monthly payments, based on invoices received, for services satisfactorily performed, and for authorized reimbursable costs incurred. City shall have thirty (30) days from the receipt of an invoice that complies with all of the requirements above and is otherwise acceptable to the City to pay Consultant. Ten (10) percent shall be retained by the City from each Agreement contract billing until the completion of the Agreement contract unless authorized differently by City. In the event that an invoice is not acceptable to the City, said invoice shall be returned to Consultant within thirty (30) days of the City’s receipt of the invoice with a detailed explanation of the deficiency. City’s obligation to pay a returned invoice shall not arise earlier than thirty (30) days after resubmission of the corrected invoice.

Monthly Payment. City shall make monthly payments, based on invoices received, for services satisfactorily performed, and for authorized reimbursable costs incurred. City shall have thirty (30) days from the receipt of an invoice that complies with all of the requirements above and is otherwise acceptable to the City to pay Consultant. Ten (10) percent shall be retained by the City from each Master Agreement billing until the completion of the Master Agreement unless authorized differently by City. In the event that an invoice is not acceptable to the City, said invoice shall be returned to Consultant within thirty (30) days of the City’s receipt of the invoice with a detailed explanation of the deficiency. City’s obligation to pay a returned invoice shall not arise earlier than thirty (30) days after resubmission of the corrected invoice.