Common use of Payment to the Contractor Clause in Contracts

Payment to the Contractor. The Contractor shall raise bills on completion of every month in 2 sets, which should be duly certified by the BHEL’s official at the Guest House and the payment shall be made within 30 days from the date of submission of complete bill with supporting documents. As the Company follows Electronic Fund Transfer (EFT) method only, the bidders should fill the attached EFT format and enclose it with the technical bid.

Payment to the Contractor. The Contractor shall raise bills on completion of every month in 2 sets, which . Which should be duly certified by the BHEL’s official at the Guest House and the payment shall be made within 30 days from the date of submission of complete bill with supporting documents. As the Company follows Electronic Fund Transfer (EFT) method only, the bidders should fill the attached EFT format and enclose it with the technical bid.