Common use of Payment Process Clause in Contracts

Payment Process. The SUPPLIER shall issue invoices based on the prices set in Annex A, Item and Price Schedule, of this Purchase Agreement. Each Invoice shall relate to a DRC Purchase Order. Each Invoice must have annotated on it the DRC Purchase Order number. The PURCHASER shall do a three (3) way match between the DRC Purchase Order, the SUPPLIERS Invoice, and the DRC Goods Receipt Note (received from the DRC Warehouse which has received the Goods). If the Invoice matches the DRC Purchase Order and DRC Goods Received Note then the Invoice will be forwarded to the DRC Finance Office for payment. If the Invoice does not match the DRC Purchase Order and DRC Goods Received Note, then the Invoice will be returned to the SUPPLIER for correcting and resubmitting. The PURCHASER shall pay within thirty (30) working days following the receipt of the Invoice, as per Article 9 of the DRC General Conditions of Contract (Annex B to this Purchase Agreement).

Payment Process. The SUPPLIER shall issue invoices based on the prices set in Annex A, Item and Price Schedule, of this Purchase Framework Agreement. Each Invoice shall relate to a DRC Purchase Order. Each Invoice must have annotated on it the DRC Purchase Order number. The PURCHASER shall do a three (3) way match between the DRC Purchase Order, the SUPPLIERS Invoice, and the DRC Goods Receipt Note (received from the DRC Warehouse which has received the Goods). If the Invoice matches the DRC Purchase Order and DRC Goods Received Note then the Invoice will be forwarded to the DRC Finance Office for payment. If the Invoice does not match the DRC Purchase Order and DRC Goods Received Note, then the Invoice will be returned to the SUPPLIER for correcting and resubmitting. The PURCHASER shall pay within thirty ten (3010) working days following the receipt of the Invoice, as per Article 9 8 of the DRC General Conditions of Contract for the Procurement of Goods (Annex B to this Purchase Framework Agreement).