Common use of Payment Terms – Payment in Arrears Clause in Contracts

Payment Terms – Payment in Arrears. A. Invoices are to be submitted in arrears to the user agency/department to the ship-to address, unless otherwise directed in this Contract. Payment will be net 30 days after receipt of an invoice in a format acceptable to the County of Orange, verified, and approved by the agency/department and subject to routine processing requirements. The responsibility for providing an acceptable invoice rest with the Subrecipient. B. Payment of program activities. County will reimburse Subrecipient for eligible program-related costs only. Subrecipient shall submit requests for reimbursement to County on a monthly basis and must provide adequate documentation as required by County in accordance with the OC Community Resources Contract Reimbursement Policy, incorporated herein as Exhibit 5. In addition, Subrecipient will provide a performance progress report for the period covered, as prescribed by County. Failure to provide any of the required documentation and reporting will cause County to withhold all or a portion of a request for reimbursement, or return the entire reimbursement package to Subrecipient, until such documentation and reporting has been received and approved by County. County shall make monthly reimbursement payments based on Subrecipient’s data, invoice(s), and substantiating reports as required herein.