Common use of Payment Adjustments Clause in Contracts

Payment Adjustments. The Contractor shall provide not later than five Business Days prior to the end of the month, as part of its Payment calculation, a report detailing the Payment Adjustments and other adjustments to be made to the Payment relating to the previous month. The Province will review the Contractor’s Payment calculation regarding Payment Adjustments and other adjustments based on both its own records and audits of the Contractor’s compliance with the Project Requirements and O&M Requirements and on the Payment Adjustments and other adjustments. Following the Contractor’s submission of the monthly Payment calculation, the Contractor shall report to the Province all occurrences giving rise to Payment Adjustments for such month, in its next month’s Payment calculation. The Province will review the Contractor’s Payment calculation including the Contractor’s reporting of Payment Adjustments and other adjustments and, if necessary, make modifications to those reported adjustments. Examples of such modifications include, but are not limited to, applying Payment Adjustments that were omitted or incorrectly calculated in the Payment calculation.

Payment Adjustments. The Contractor shall provide not later than five Business Days prior to the end of the month, as part of its Payment calculationCalculation, a report detailing the Payment Adjustments and other adjustments to be made to the Payment relating to the previous month. The Province will review the Contractor’s Payment calculation Calculation regarding Payment Adjustments and other adjustments based on both its own and/or the School Boards’ records and audits of the Contractor’s compliance with the Project Requirements and O&M M&R Requirements and on the Payment Adjustments and other adjustments. Following the Contractor’s submission of the monthly Payment calculationCalculation, the Contractor shall report to the Province all occurrences giving rise to Payment Adjustments for such month, in its next month’s Payment calculationCalculation. The Province will review the Contractor’s Payment calculation Calculation including the Contractor’s reporting of Payment Adjustments and other adjustments and, if necessary, make modifications to those reported adjustments. Examples of such modifications include, but are not limited to, applying Payment Adjustments that were omitted or incorrectly calculated in the Payment calculationCalculation.

Payment Adjustments. The Contractor shall provide not later than five Business Days prior to the end of the month, as part of its Payment calculationCalculation, a report detailing the Payment Adjustments and other adjustments to be made to the Payment relating to the previous month. The Province will review the Contractor’s Payment calculation regarding Payment Adjustments and other adjustments based on both its own records and audits of the Contractor’s compliance with the Project Requirements and O&M Requirements and on the Payment Adjustments and other adjustments. Following the Contractor’s submission of the monthly Payment calculationCalculation, the Contractor shall report to the Province all occurrences giving rise to Payment Adjustments for such month, in its next month’s Payment calculationCalculation. The Province will review the Contractor’s Payment calculation Calculation including the Contractor’s reporting of Payment Adjustments and other adjustments and, if necessary, make modifications to those reported adjustments. Examples of such modifications include, but are not limited to, applying Payment Adjustments that were omitted or incorrectly calculated in the Payment calculationCalculation.

Payment Adjustments. The Contractor shall provide not later than five Business Days prior to the end of the month, as part of its Payment calculationCalculation, a report detailing the Payment Adjustments and other adjustments to be made to the Payment relating to the previous month. The Province will review the Contractor’s Payment calculation Calculation regarding Payment Adjustments and other adjustments based on both its own records and audits of the Contractor’s compliance with the Project Requirements and O&M Requirements and on the Payment Adjustments and other adjustments. Following the Contractor’s submission of the monthly Payment calculationCalculation, the Contractor shall report to the Province all occurrences giving rise to Payment Adjustments for such month, in its next month’s Payment calculationCalculation. The Province will review the Contractor’s Payment calculation Calculation including the Contractor’s reporting of Payment Adjustments and other adjustments and, if necessary, make modifications to those reported adjustments. Examples of such modifications include, but are not limited to, applying Payment Adjustments that were omitted or incorrectly calculated in the Payment calculationCalculation.

Payment Adjustments. The Contractor shall provide not later than five Business Days prior to the end of the month, as part of its Payment calculationCalculation, a report detailing the Payment Adjustments and other adjustments to be made to the Payment relating to the previous month. The Province will review the Contractor’s Payment calculation regarding Payment Adjustments and other adjustments based on both its own records and audits of the Contractor’s compliance with the Project Requirements and the O&M Requirements and on the Payment Adjustments and other adjustments. Following the Contractor’s submission of the monthly Payment calculationCalculation, the Contractor shall report to the Province all occurrences giving rise to Payment Adjustments for such month, in its next month’s Payment calculationCalculation. The Province will review the Contractor’s Payment calculation Calculation including the Contractor’s reporting of Payment Adjustments and other adjustments and, if necessary, make modifications to those reported adjustments. Examples of such modifications include, but are not limited to, applying Payment Adjustments that were omitted or incorrectly calculated in the Payment calculationCalculation.

Payment Adjustments. The Contractor shall provide not later than five Business Days prior to the end of the month, as part of its Payment calculationCalculation, a report detailing the Payment Adjustments and other adjustments to be made to the Payment relating to the previous month. The Province will review the Contractor’s Payment calculation Calculation regarding Payment Adjustments and other adjustments based on both its own and/or the School Jurisdictions’ records and audits of the Contractor’s compliance with the Project Requirements and O&M M&R Requirements and on the Payment Adjustments and other adjustments. Following the Contractor’s submission of the monthly Payment calculationCalculation, the Contractor shall report to the Province all occurrences giving rise to Payment Adjustments for such month, in its next month’s Payment calculationCalculation. The Province will review the Contractor’s Payment calculation Calculation including the Contractor’s reporting of Payment Adjustments and other adjustments and, if necessary, make modifications to those reported adjustments. Examples of such modifications include, but are not limited to, applying Payment Adjustments that were omitted or incorrectly calculated in the Payment calculationCalculation.