PAYMENT TERMS AND CASH DISCOUNTS. Payment terms, unless otherwise stated in this ITB, will be considered to be net 45 days after the date of satisfactory delivery at the place of acceptance and receipt of correct invoice at the office specified, whichever occurs last. Bidder may offer cash discounts for prompt payment but they will not be considered in determination of award. If a Bidder offers a discount, it is understood that the discount time will be computed from the date of satisfactory delivery, at the place of acceptance, and receipt of correct invoice, at the office specified, whichever occurs last.
Appears in 24 contracts
Samples: Security Services Agreement, Vehicle & Equipment Graphics Installation and Removal Agreement, Water Meter Boxes Co Op Agreement
