Payment and Contract Price. C1 Contract Price
C1.1 In consideration of the Contractor’s performance of its obligations under the Contract, the Authority shall pay the Contract Price in accordance with clause C2 (Payment and VAT).
C1.2 The Authority shall, in addition to the Contract Price and following evidence of a valid VAT invoice, pay the Contractor a sum equal to the VAT chargeable on the value of the Services supplied in accordance with the Contract. C2 Payment and VAT
C2.1 The Authority shall pay all sums due to the Contractor within thirty (30) days of receipt of a valid invoice, submitted Monthly in arrears.
C2.2 The Authority shall pay all sums by direct credit transfer into a suitable bank account or by other electronic payment methods as appropriate.
C2.3 The Contractor shall ensure that each invoice contains a valid purchase order number. All appropriate references and a detailed breakdown of the Services supplied and any other documentation reasonably required by the Authority to substantiate the invoice should be supplied in accordance with Schedule 2.
C2.4 Where the Contractor enters into a sub-contract for the purpose of performing its obligations under the Contract, it shall ensure that a provision is included in such a sub-contract which requires payment to be made of all sums due by the Contractor to the Sub-contractor within a specified period not exceeding thirty (30) days from the receipt of a valid invoice.
C2.5 The Contractor shall add VAT to the Contract Price at the prevailing rate as applicable and the Authority shall pay the VAT to the Contractor following its receipt of a valid VAT invoice.
C2.6 The Contractor shall indemnify the Authority on a continuing basis against any liability, including any interest, penalties or costs incurred, which is levied, demanded or assessed on the Authority at any time in respect of the Contractor’s failure to account for or to pay any VAT relating to payments made to the Contractor under the Contract. Any amounts due under this clause C2.5 shall be paid by the Contractor to the Authority not less than five (5) Working Days before the date upon which the tax or other liability is payable by the Authority.
C2.7 The Contractor shall not suspend the supply of the Services unless the Contractor is entitled to terminate the Contract under clause H2.3 (Termination on Default) for failure to pay undisputed sums of money. Interest shall be payable by the Authority on the late payment of any undisputed sums of money properly invoi...
Payment and Contract Price. C1 Contract Price C2 Payment and VAT C3 Recovery of Sums Due C4 Contract Price During Extension of the Initial Contract Period C5 Euro
Payment and Contract Price. C1 Contract Price 17 C2 Payment and VAT 17 C3 Recovery of Sums Due 18 C4 Price Adjustment on Extension of Initial Contract Period 19 C5 Euro 19
Payment and Contract Price. Payment Recovery of Sums Due
Payment and Contract Price. C1 Contract Price C2 Payment and Tax C3 Recovery of Sums Due C4 Price Adjustment on Extension of Contract Period C5 Change of Law
Payment and Contract Price. Contract Price Payment and VAT Recovery of Sums Due Price Adjustment on Extension of the Initial Contract Period Euro
Payment and Contract Price. Payment The Authority shall pay the Contractor the Contract Price, in accordance with the Pricing and Payment Schedule Interest shall be payable by the Authority on the late payment of any undisputed sums properly invoiced in accordance with the Late Payments of Commercial Debts (Interest) Act 1998. Where the Contractor enters into a sub-contract with a supplier or contractor for the purpose of performing its obligations under the Contract, it shall ensure that a provision is included in such a sub-contract which requires payment to be made of all sums due by the Contractor to the sub-contractor within a specified period not exceeding 30 days from the receipt of a valid invoice provided always that the Contractor has been paid by the Authority. Recovery of Sums Due Wherever any sum of money is recoverable from or payable by the Contractor, the Authority may deduct that sum from any sum due, or which at any later time may become due to the Contractor under the Contract or under any other agreement with the Authority. STATUTORY OBLIGATIONS AND REGULATIONS Prevention of Corruption The Contractor shall not offer, give, or agree to give anything, to any person an inducement or reward for doing, refraining from doing, or for having done or refrained from doing, any act in relation to the obtaining or execution of the Contract or for showing or refraining from showing favour or disfavour to any person in relation to the Contract.
Payment and Contract Price. C1 Contract Price C2 Payment and VAT C3 Recovery of Sums Due C4 Alteration to Deliverables or Contract Period
Payment and Contract Price. Contract Price 11 Payment and VAT 12 Recovery of Sums Due 13 Price Adjustment on Extension of the Initial Contract Period 14 Euro
Payment and Contract Price. Payment The Authority shall pay the Contractor the Contract Price, in accordance with the Pricing and Payment Schedule
