PAYMENTS TO SERVICE PROVIDER. 23 15.01 Charges........................................................................23 15.02 Reserved.......................................................................23 15.03
PAYMENTS TO SERVICE PROVIDER. A. The City agrees to pay and the Service Provider agrees to accept as full payment for all work done and all materials furnished and for all costs and expenses incurred in performance of the work the sums set forth for the hourly labor rate and material costs, with markups, stated within the Bid Schedule Proposal Form, attached hereto as Exhibit B, consisting of the Service Providers RFP Response, and incorporated herein by this reference. Payment shall be made by the City only upon acceptance of the work by the City and upon the Service Provider furnishing satisfactory evidence of payment of all wages, taxes, supplies and materials, and other costs incurred in connection with the performance of such work.
PAYMENTS TO SERVICE PROVIDER. (a) Service Provider shall issue to Owner an invoice on or before the last day of each Month (the “Monthly Invoice”) reflecting Service Provider’s estimates of Expenditures (split between Operating Expenses and Capital Expenditures) reasonably expected to be incurred by Service Provider under this Agreement for the Month following the Month in which the Monthly Invoice is issued (the “Relevant Month”). As to each Monthly Invoice, Owner shall remit payment to Service Provider on or before the 15th day of the Relevant Month of such Monthly Invoice.
PAYMENTS TO SERVICE PROVIDER. 26.1 UPCA shall pay 10% (ten per cent) of the Accepted Contract Amount to the Service Provider as an advance payment in a single installment within 10 days on issuance of LOA . The Advance Payment shall be interest free and will be paid by UPCA only after the Service Provider furnishes the Performance Bank Guarantee to UPCA following this Agreement. The Advance Payment shall be recovered on pro-rata percentage basis to the gross value of the work billed beyond 30% in such a way that the entire advance is recovered by the time 90% of the gross value of the contract is executed and paid. The advance shall be paid only if submission of Performance Bank Guarantee to UPCA has been done by the Service Provider in accordance with this Agreement. The Contract Price will be paid by UPCA as per the payment schedule contained in the Proposal. Such a payment schedule will form part of this Agreement and be appended as Appendix B hereto. The payment under this Agreement shall be applicable for preparing the Designs and Construction Works of facilities only.
PAYMENTS TO SERVICE PROVIDER. 9.1. Monthly Invoices. Service Provider shall deliver a statement to Customer on or about the 15th day of each month identifying the Consideration to be paid by Customer under this Agreement for the preceding month. Such statement shall set forth a brief description of the Services and other activities provided by Service Provider during such period and the total amounts owed by Customer in each of the following categories: (i) the Monthly Service Fee, (ii) Pass-Through Costs, (iii) Costs and (iv) 10% of Costs.
PAYMENTS TO SERVICE PROVIDER
