Common use of Payment Request Clause in Contracts

Payment Request. Payment requests shall be submitted to City of Meridian through the City’s project management software. The Project Manager will compare the invoice against the Payment Schedule in the Agreement for compliance. Upon approval that the work has been done and is in compliance with the Agreement, the Project Manager will approve the pay request for processing. City of Meridian payment terms are Net 30 from the date City receives a correct invoice. Final payment will not be released until the City has received a tax release from the Tax Commission. Retainage of five percent (5%) of the current contract value will be withheld from the final pay application(s) until final completion has been met and releases from both the Idaho Tax Commission and Surety have been received by the City.

Payment Request. Payment requests shall be submitted to City of Meridian through the City’s project management softwareProject Manager. The Project Manager will compare the invoice against the Payment thePayment Schedule in the Agreement for compliance. Upon approval that the work has workhas been done and is in compliance with the Agreement, the Project Manager will approve willapprove the pay request for processing. City of Meridian payment terms are Net 30 from the date City receives a correct invoice. Final payment will not be released until the City has received a tax release from the Tax Commission. Retainage of five percent (5%) of the current contract value will be withheld from the final pay application(s) until final completion has been met and releases from both the Idaho Tax IdahoTax Commission and Surety have been received by the City.

Payment Request. Payment requests shall be submitted to City of Meridian through the City’s project management software. The Project Manager will compare the invoice against the Payment Schedule in the Agreement for compliance. Upon approval that the work has been done and is in compliance with the Agreement, the Project Manager will approve the pay request for processing. City of Meridian payment terms are Net 30 from the date City receives a correct invoice. Final payment will not be released until the City has received a tax release from the Tax Commission. Retainage of five percent (5%) of the current contract value will be withheld from the final pay application(s) until final completion has been met and releases from both the Idaho Tax IdahoTax Commission and Surety have been received by the City.