Payment Terms and Procedures o Fitness to Study Policy and Procedure; o Halls Leavers Policy and Procedure; o Sport & Fitness Student Membership Terms & Conditions; o IT fair usage and security policies: Code of Practice; Student Network Fair Usage Policy; and Student Network Service Terms & Conditions. Further information on the above parts of the Agreement are available at Our website. If You accept the Student Residence Offer, then You are accepting not just the terms and conditions of this Agreement, but also the terms and conditions of those other documents referred to above and You acknowledge that You have actually read them.
Payment Terms and Procedures. Within 10 days after the execution of this Agreement, Subcontractor shall prepare and submit to Contractor an accurate schedule of values (“Schedule of Values”) that identifies the various components of its Work and the value thereof and that is acceptable to Contractor, in its sole discretion. Subcontractor shall submit to the Contractor payment applications on the billing intervals the Contractor establishes that reflect the percentage of Work completed during the billing period for the categories in the Schedule of Values, along with lien releases in the Florida statutory form, through the date of the payment application, from Subcontractor and any sub-subcontractors, laborers, and materialmen who have assisted with the performance of the Work or provided Notices to Owner that they are performing work or supplying materials to the Project pursuant to orders from or contracts with Subcontractor. Within ten business days after Contractor’s receipt of a payment application and lien releases in proper form, Contractor will pay Subcontractor for Work completed and approved by Contractor and Owner less 10% retainage and any back charges or deductions. Contractor is entitled to withhold payment if Subcontractor is in default or breach of this Agreement. Prior to final payment, Subcontractor shall: (a) fully and properly complete all Work to the satisfaction of Contractor and Owner, (b) provide final lien releases in the Florida statutory form from Subcontractor and any sub-subcontractors, laborers, and materialmen who have assisted with the performance of the Work or have provided Notices to Owner that they are performing work or supplying materials to the Project pursuant to orders from or contracts with Subcontractor, and (c) deliver and transfer to Owner written warranties from manufacturers or suppliers of any products or materials it provides to the Project. No certificate or approval given by Owner, Architect, or their agents, nor any payment to the Subcontractor made under this Agreement, shall be deemed conclusive evidence of the full or satisfactory performance of the Work performed by Subcontractor. No payment shall be considered an acceptance of deficient or substandard work or improper or defective materials Subcontractor provided to the Project. Retainage will not be reduced or released until all punch list work required by Subcontractor is fully completed by Subcontractor and accepted by the Owner and the Contractor.
Payment Terms and Procedures. Contractor shall submit monthly invoices for work performed during the preceding period. Invoices shall contain, at a minimum, the job name and Authority agreement number, invoice number, remit to address, and itemized description of the work completed or the basis for payment. Prior to making any payment, the Project Manager may require Contractor to furnish lien releases conforming to the requirements of California Civil Code section 8120, et seq., receipts or other evidence of payment from all persons performing work and supplying material to Contractor. Payment of all undisputed charges shall be made by the Authority within 30 days of receipt of the invoice. Disputed charges, along with supporting documentation that demonstrates the reasonableness of the dispute, must be communicated by Authority to the Contractor within 20 days of receipt of the invoice. Payments shall not be considered as acceptance by Authority of the whole or any part of the Work done up to that payment or to relieve Contractor form any of its obligations under the Agreement. The Authority may withhold or nullify the whole or part of any payment as set out in this Agreement to protect the Authority from loss on account of any of the following:
Payment Terms and Procedures
