PAYMENT OF SUB-CONTRACTORS. 4.1 Where the Contractor enters into a sub-contract for the provision of services as part of the Project, the Contractor shall ensure that a term is included in the sub- contract which requires the Contractor to pay all sums due to the sub-contractor within a specified period not exceeding 30 days after the Contractor has verified the relevant invoice. 4.2 The Contractor shall use all reasonable endeavours to verify the invoices promptly. 4.3 Where the Contractor becomes liable to pay interest payments to a sub contractor under the provisions of the Late Payments of Commercial Debts (Interest) Xxx 0000, the Authority will not reimburse those costs unless they are incurred due to the negligence or default of the Authority.
Appears in 4 contracts
Samples: Research and Development Agreement, Research and Development Agreement, Research and Development Agreement
