PROMPT PAYMENT - FOR FEDERALLY ASSISTED CONTRACTS Sample Clauses

PROMPT PAYMENT - FOR FEDERALLY ASSISTED CONTRACTS. If this Agreement is funded by any federal grants, then consultant/contractor hereby agrees to pay its subconsultants/subcontractors and suppliers within thirty (30) business days following receipt of payment from the County. Consultant/contractor further agrees, if consultant/contractor has withheld retainage from its subconsultants/subcontractors, to release such retainage and pay same within thirty (30) calendar days following receipt of payment of retained amounts from the County, or within thirty (30) calendar days after a subconsultant/subcontractor has satisfactorily completed its work, whichever shall first occur. This clause applies to both DBE and non-DBE subconsultant/subcontractors. A finding of non-payment is a material breach of this contract. County may, at its option, increase allowable retainage or withhold progress payments unless and until the consultant/contractor demonstrates timely payments of sums due subconsultant/subcontractor. The presence of a "pay when paid" provision in a contract shall not preclude County inquiry into allegations of non-payment. Further that the remedies above shall not be employed when the consultant/contractor demonstrates that failure to pay results from a bonafide dispute with its subconsultant/subcontractor or supplier. The consultant/contractor shall incorporate this provision into all subcontracts involving federally assisted contracts. The Assistant Disadvantaged Business Enterprise Liaison Officer will conduct meetings with parties involved in prompt payment disputes to facilitate an amicable resolution ATTACHMENT III ELECTRONIC MEDIA SUBMITTAL REQUIREMENTS Broward County Aviation Department (BCAD) Electronic Media Submittal Requirements Last Revised 12/4/13 Broward County Aviation Department (BCAD) utilizes electronic media as the principal way to develop, communicate and archive information concerning its various airport programs. Prior to development of scope of services for any work authorization or commencing work under any Contract, the Consultant/ Contractor must contact the contract administrator and/or designated project manager to verify they have a copy of the latest version of BCAD’s Electronic Media Submittal Requirements. BCAD modifies these requirements as needed to make corrections and/or to keep up with latest industry trends, best practices, guidelines, standards and regulations, as well as, to improve its internal processes. Some requirements below may not apply, or additional requi...
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PROMPT PAYMENT - FOR FEDERALLY ASSISTED CONTRACTS. If this Agreement is funded by any federal grants, then consultant/contractor hereby agrees to pay its subconsultants/subcontractors and suppliers within thirty (30) calendar days following receipt of payment from the County. Consultant/contractor further agrees, if consultant/contractor has withheld retainage from its subconsultants/subcontractors, to release such retainage and pay same within thirty (30) calendar days following receipt of payment of retained amounts from the County, or within thirty (30) calendar days after a subconsultant/subcontractor has satisfactorily completed its work, whichever shall first occur. This clause applies to both DBE and non-DBE subconsultant/subcontractors. A finding of non-payment is a material breach of this contract. County may, at its option, increase allowable retainage or withhold progress payments unless and until the consultant/contractor demonstrates timely payments of sums due subconsultant/subcontractor. The presence of a "pay when paid" provision in a contract shall not preclude County inquiry into allegations of non-payment. Further that the remedies above shall not be employed when the consultant/contractor demonstrates that failure to pay results from a bonafide dispute with its subconsultant/subcontractor or supplier. The consultant/contractor shall incorporate this provision into all subcontracts involving federally assisted contracts.
Sample 1
PROMPT PAYMENT - FOR FEDERALLY ASSISTED CONTRACTS. If this Agreement is funded by any federal grants, then Consultant agrees to pay its Subconsultants within thirty (30) business days following receipt of payment from County. Consultant further agrees, if Consultant has withheld retainage from its Subconsultants, to release such retainage and pay same within thirty (30) calendar days following receipt of payment of retained amounts from County, or within thirty (30) calendar days after a Subconsultant has satisfactorily completed its work, whichever shall first occur. This clause applies to both DBE and non-DBE Subconsultants. A finding of non-payment is a material breach of this Agreement. County may, at its option, increase allowable retainage or withhold progress payments unless and until Consultant demonstrates timely payments of sums due to its Subconsultants. The presence of a “pay when paid” provision in a contract shall not preclude County inquiry into allegations of non-payment. Further, the remedies above shall not be employed when Consultant demonstrates that failure to pay results from a bonafide dispute with its Subconsultant. Consultant shall incorporate this provision into all subcontracts involving federally assisted contracts. The Assistant Disadvantaged Business Enterprise Liaison Officer will conduct meetings with parties involved in prompt payment disputes to facilitate an amicable resolution. [THE REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]‌‌ ATTACHMENT I - NONDISCRIMINATION AND OTHER FEDERAL REQUIREMENTS
Sample 1

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