Common use of Owner’s Acceptance or Rejection of Applications Clause in Contracts

Owner’s Acceptance or Rejection of Applications. Promptly after receipt of each periodic Application for Payment, Architect and Owner shall certify acceptance of the application, in whole or in part, by the signing of the Architect’s Certification of Payment section of the Application for Payment form, and upon such certification shall forward the application to the SFD for funding. Pursuant to Wyo. Stat. § 16-6-602, Except as provided by contract, any agency which purchases or procures goods and services from a nongovernmental entity shall pay the amount due within forty-five (45) days after receipt of a correct notice of amount due for the goods or services provided or shall pay interest from the forty-fifth day at the rate of one and one-half percent (1 1/2%) per month on the unpaid balance until the account is paid in full, unless a good faith dispute exists as to the agency's obligation to pay all or a portion of the account.

Owner’s Acceptance or Rejection of Applications. Promptly after receipt of each periodic Application for Payment, Architect and Owner shall certify acceptance of the application, in whole or in part, by the signing of the Architect’s Certification of Payment section of the Application for Payment form, and upon such certification shall forward the application to the SFD for funding. Pursuant to Wyo. Stat. § 16-6-60216‐6‐602, Except as provided by contract, any agency which purchases or procures goods and services from a nongovernmental entity shall pay the amount due within forty-five forty‐five (45) days after receipt of a correct notice of amount due for the goods or services provided or shall pay interest from the forty-fifth forty‐fifth day at the rate of one and one-half one‐half percent (1 1/2%) per month on the unpaid balance until the account is paid in full, unless a good faith dispute exists as to the agency's obligation to pay all or a portion of the account.