PAYMENTS AND DISCOUNTS. (a) Payment for goods and services as specified in the pricing agreement/contract shall be processed promptly after completion of delivery and acceptance of items and after receipt from Bidder of properly prepared invoice(s) and/or notarized claim voucher, if applicable. Purchases may be made by certain City or Trust employees using a purchasing card. Processing fees may not be added when a purchasing card is used. (b) Discounts for prompt payment will not be considered in bid evaluations, unless otherwise specified. However, offered discounts will be taken, if payment is made within the discount period. (c) Late charges cannot be assessed against The City or a Trust.
Appears in 4 contracts
Samples: Pricing Agreement, Pricing Agreement, Pricing Agreement
