Common use of Quick Payment Terms Clause in Contracts

Quick Payment Terms. The Contractor is encouraged to offer quick payment terms. The number of days must not include processing time for payment to be received by the Contractor's financial institution.

Quick Payment Terms. The Contractor is encouraged to offer quick payment terms. The number of days must not include processing time for payment to be received by the Contractorbidder's financial institution.

Quick Payment Terms. The Contractor is encouraged to offer quick payment terms. The number of days must not include processing time for payment to be received by the Contractor's financial institution. The Contractor must check one box below: [ ] The Contractor will offer a quick payment discount of % off an invoice if paid within 15 Days from the State's receipt of the invoice or delivery of the Deliverable(s), whichever is later. [X ] No quick payment discount will be offered.