Common use of PROMPT PAYMENT POLICY Clause in Contracts

PROMPT PAYMENT POLICY. In accordance with Chapter 2251, V.T.C.A., Texas Government Code, payment to Engineer will be made within thirty (30) days of the day on which the performance of services was complete, or within thirty (30) days of the day on which the County Auditor receives a correct invoice for services, whichever is later. Engineer may charge a late fee (fee shall not be greater than that which is permitted by Texas law) for payments not made in accordance with this prompt payment policy; however, the Engineer’s ability to charge a late feeshall not apply in the event: A. There is a bona fide dispute between County and Engineer concerning the supplies, materials, or equipment delivered or the services performed that causes the payment to be late; or B. The terms of a federal contract, grant, regulation, or statute prevent County from making a timely payment with federal funds; or C. There is a bona fide dispute between Engineer and a subcontractor/subconsultant or between a subcontractor/subconsultant and its supplier concerning supplies, materials, or equipment delivered or the Engineering Services performed which causes the payment to be late; D. Engineer’s failure to submit a Complete Invoice Package in accordance with the requirements of this Contract; or E. The Complete Invoice Package is not submitted to the County’s Road Bond Program Manager in strict accordance with any necessary instructions or requests provided by the Road Bond Program Manager.

PROMPT PAYMENT POLICY. In accordance with Chapter 2251, V.T.C.A., Texas Government Code, payment to Engineer will be made within thirty (30) days of the day on which the performance of services was complete, or within thirty (30) days of the day on which the County Auditor receives a correct invoice for services, whichever is later. Engineer may charge a late fee (fee shall not be greater than that which is permitted by Texas law) for payments not made in accordance with this prompt payment policy; however, the Engineer’s ability to charge a late feeshall fee shall not apply in the event: A. There is a bona fide dispute between County and Engineer concerning the supplies, materials, or equipment delivered or the services performed that causes the payment to be late; or B. The terms of a federal contract, grant, regulation, or statute prevent County from making a timely payment with federal funds; or C. There is a bona fide dispute between Engineer and a subcontractor/subconsultant or between a subcontractor/subconsultant and its supplier concerning supplies, materials, or equipment delivered or the Engineering Services performed which causes the payment to be late; D. Engineer’s failure to submit a Complete Invoice Package in accordance with the requirements of this Contract; or E. The Complete Invoice Package is not submitted to the County’s Director of Road Bond Program Manager & Bridge in strict accordance with any necessary instructions or requests provided by the Director of Road Bond Program Manager& Bridge.

PROMPT PAYMENT POLICY. In accordance with Chapter 2251, V.T.C.A., Texas Government Code, payment to Engineer Surveyor will be made within thirty (30) days of the day on which the performance of services was complete, or within thirty (30) days of the day on which the County Auditor receives a correct invoice for services, whichever is later. Engineer Surveyor may charge a late fee (fee shall not be greater than that which is permitted by Texas law) for payments not made in accordance with this prompt payment policy; however, the EngineerSurveyor’s ability to charge a late feeshall fee shall not apply in the event: A. There is a bona fide dispute between County and Engineer Surveyor concerning the supplies, materials, or equipment delivered or the services performed that causes the payment to be late; or B. The terms of a federal contract, grant, regulation, or statute prevent County from making a timely payment with federal funds; or C. There is a bona fide dispute between Engineer Surveyor and a subcontractor/subconsultant or between a subcontractor/subconsultant and its supplier concerning supplies, materials, or equipment delivered or the Engineering Surveying Services performed which causes the payment to be late; D. EngineerSurveyor’s failure to submit a Complete Invoice Package in accordance with the requirements of this Contract; or E. The Complete Invoice Package is not submitted to the County’s Road Bond Program Manager in strict accordance with any necessary instructions or requests provided by the Road Bond Program Manager.

PROMPT PAYMENT POLICY. In accordance with Chapter 2251, V.T.C.A., Texas Government Code, payment to Engineer will be made within thirty (30) days of the day on which the performance of services was complete, or within thirty (30) days of the day on which the County Auditor receives a correct invoice for services, whichever is later. Engineer may charge a late fee (fee shall not be greater than that which is permitted by Texas law) for payments not made in accordance with this prompt payment policy; however, the Engineer’s ability to charge a late feeshall fee shall not apply in the event: A. There is a bona fide dispute between County and Engineer concerning the supplies, materials, or equipment delivered or the services performed that causes the payment to be late; or B. The terms of a federal contract, grant, regulation, or statute prevent County from making a timely payment with federal funds; or C. There is a bona fide dispute between Engineer and a subcontractor/subconsultant or between a subcontractor/subconsultant and its supplier concerning supplies, materials, or equipment delivered or the Engineering Services performed which causes the payment to be late; D. Engineer’s failure to submit a Complete Invoice Package in accordance with the requirements of this Contract; or E. The Complete Invoice Package is not submitted to the County’s Road Bond Program Manager in strict accordance with any necessary instructions or requests provided by the Road Bond Program Manager.

PROMPT PAYMENT POLICY. In accordance with Chapter 2251, V.T.C.A., Texas Government Code, payment to Engineer Firm will be made within thirty (30) days of the day on which the performance of services was complete, or within thirty (30) days of the day on which the County Auditor receives a correct invoice for services, whichever is later. Engineer Firm may charge a late fee (fee shall not be greater than that which is permitted by Texas law) for payments not made in accordance with this prompt payment policy; however, the EngineerFirm’s ability to charge a late feeshall fee shall not apply in the event: A. There is a bona fide dispute between County and Engineer Firm concerning the supplies, materials, or equipment delivered or the services performed that causes the payment to be late; or B. The terms of a federal contract, grant, regulation, or statute prevent County from making a timely payment with federal funds; or C. There is a bona fide dispute between Engineer Firm and a subcontractor/subconsultant or between a subcontractor/subconsultant and its supplier concerning supplies, materials, or equipment delivered or the Engineering Environmental Services performed which causes the payment to be late;; or D. EngineerFirm’s failure to submit a Complete Invoice Package in accordance with the requirements of this Contract; or E. The Complete Invoice Package is not submitted to the County’s Road Bond Program Manager in strict accordance with any necessary instructions or requests provided by the Road Bond Program Manager.

PROMPT PAYMENT POLICY. In accordance with Chapter 2251, V.T.C.A., Texas Government Code, payment to Engineer Surveyor will be made within thirty (30) days of the day on which the performance of services was complete, or within thirty (30) days of the day on which the County Auditor receives a correct invoice for services, whichever is later. Engineer Surveyor may charge a late fee (fee shall not be greater than that which is permitted by Texas law) for payments not made in accordance with this prompt payment policy; however, the EngineerSurveyor’s ability to charge a late feeshall fee shall not apply in the event: A. There is a bona fide dispute between County and Engineer Surveyor concerning the supplies, materials, or equipment delivered or the services performed that causes the payment to be late; or B. The terms of a federal contract, grant, regulation, or statute prevent County from making a timely payment with federal funds; or C. There is a bona fide dispute between Engineer Surveyor and a subcontractor/subconsultant or between a subcontractor/subconsultant and its supplier concerning supplies, materials, or equipment delivered or the Engineering Surveying Services performed which causes the payment to be late; D. EngineerSurveyor’s failure to submit a Complete Invoice Package in accordance with the requirements of this Contract; or E. The Complete Invoice Package is not submitted to the County’s Road Bond Program Manager & Bridge Director in strict accordance with any necessary instructions or requests provided by the County’s Road Bond Program Manager& Bridge Director.

PROMPT PAYMENT POLICY. In accordance with Chapter 2251, V.T.C.A., Texas Government Code, payment to Engineer Firm will be made within thirty (30) days of the day on which the performance of services was complete, or within thirty (30) days of the day on which the County Auditor receives a correct invoice for services, whichever is later. Engineer Firm may charge a late fee (fee shall not be greater than that which is permitted by Texas law) for payments not made in accordance with this prompt payment policy; however, the EngineerFirm’s ability to charge a late feeshall fee shall not apply in the event: A. There is a bona fide dispute between County and Engineer Firm concerning the supplies, materials, or equipment delivered or the services performed that causes the payment to be late; or B. The terms of a federal contract, grant, regulation, or statute prevent County from making a timely payment with federal funds; or C. There is a bona fide dispute between Engineer Firm and a subcontractor/subconsultant or between a subcontractor/subconsultant and its supplier concerning supplies, materials, or equipment delivered or the Engineering Environmental Services performed which causes the payment to be late;; or D. EngineerFirm’s failure to submit a Complete Invoice Package in accordance with the requirements of this Contract; or E. The Complete Invoice Package is not submitted to the County’s Director of Road Bond Program Manager & Bridge in strict accordance with any necessary instructions or requests provided by the County’s Director of Road Bond Program Manager& Bridge.