Common use of Reporting Failures to Promptly Pay Clause in Contracts

Reporting Failures to Promptly Pay. The City posts payments to prime contractors on the web at xxxx://xxxxxxx.xxxxxxxxxxxxx.xxx/VCSearchWeb/org/cityofchicago/vcsearch/controller/payme nts/xxxxx.xx?agencyId=city. If the Contractor, without reasonable cause, fails to make any payment to its Subcontractors and material suppliers within 7 days after receipt of payment under a City contract, the Contractor shall pay to its Subcontractors and material suppliers, in addition to the payment due them, interest in the amount of 2% per month, calculated from the expiration of the 7-day period until fully paid. In the event that a Contractor fails to make payment to a Subcontractor within the 7-day period required above, the Subcontractor may notify the City by submitting a report form that may be downloaded from the DPS website at: xxxx://xxx.xxxxxxxxxxxxx.xxx/content/dam/city/depts/dps/ContractAdministration/StandardF ormsAgreements/Failure_to_Promtly_Pay_Fillable_Form_3_2013.pdf The report will require the Subcontractor to affirm that (a) its invoice to the Contractor was included in the payment request submitted by the contractor to the City and (b) Subcontractor has not, at the time of the report, received payment from the contractor for that invoice. The report must reference the payment (voucher) number posted on-line by the City in the notice of the payment to the contractor. Subcontractors are hereby reminded that per Chapters 1-21, “False Statements,” and 1-22, “False Claims,” of the Municipal Code of Chicago, making false statements or claims to the City are violations of law and subject to a range of penalties including fines and debarment.

Reporting Failures to Promptly Pay. The City posts payments to prime contractors Consultants on the web at xxxx://xxxxxxx.xxxxxxxxxxxxx.xxx/VCSearchWeb/org/cityofchicago/vcsearch/controller/payme nts/xxxxx.xx?agencyId=city. If the ContractorConsultant, without reasonable cause, fails to make any payment to its Subcontractors and material suppliers within 7 days after receipt of payment under a City contract, the Contractor Consultant shall pay to its Subcontractors and material suppliers, in addition to the payment due them, interest in the amount of 2% per month, calculated from the expiration of the 7-day period until fully paid. In the event that a Contractor Consultant fails to make payment to a Subcontractor within the 7-day period required above, the Subcontractor may notify the City by submitting a report form that may be downloaded from the DPS website at: xxxx://xxx.xxxxxxxxxxxxx.xxx/content/dam/city/depts/dps/ContractAdministration/StandardF ormsAgreements/Failure_to_Promtly_Pay_Fillable_Form_3_2013.pdf The report will require the Subcontractor to affirm that (a) its invoice to the Contractor Consultant was included in the payment request submitted by the contractor Consultant to the City and (b) Subcontractor has not, at the time of the report, received payment from the contractor Consultant for that invoice. The report must reference the payment (voucher) number posted on-line by the City in the notice of the payment to the contractorConsultant. Subcontractors are hereby reminded that per Chapters 1-21, “False Statements,” and 1-22, “False Claims,” of the Municipal Code of Chicago, making false statements or claims to the City are violations of law and subject to a range of penalties including fines and debarment.

Reporting Failures to Promptly Pay. The City posts payments to prime contractors on the web at xxxx://xxxxxxx.xxxxxxxxxxxxx.xxx/VCSearchWeb/org/cityofchicago/vcsearch/controller/payme nts/xxxxx.xx?agencyId=city. If the Contractor, without reasonable cause, fails to make any payment to its Subcontractors and material suppliers within 7 14 days after receipt of payment under a City contract, the Contractor shall pay to its Subcontractors and material suppliers, in addition to the payment due them, interest in the amount of 2% per month, calculated from the expiration of the 7-14- day period until fully paid. In the event that a Contractor fails to make payment to a Subcontractor within the 714-day period required above, the Subcontractor may notify the City by submitting a report form that may be downloaded from the DPS website at: xxxx://xxx.xxxxxxxxxxxxx.xxx/content/dam/city/depts/dps/ContractAdministration/StandardF ormsAgreements/Failure_to_Promtly_Pay_Fillable_Form_3_2013.pdf The report will require the Subcontractor to affirm that (a) its invoice to the Contractor was included in the payment request submitted by the contractor to the City and (b) Subcontractor has not, at the time of the report, received payment from the contractor for that invoice. The report must reference the payment (voucher) number posted on-line by the City in the notice of the payment to the contractor. Subcontractors are hereby reminded that per Chapters 1-21, “False Statements,” and 1-22, “False Claims,” of the Municipal Code of Chicago, making false statements or claims to the City are violations of law and subject to a range of penalties including fines and debarment.

Reporting Failures to Promptly Pay. The City posts payments to prime contractors on the web at at: xxxx://xxxxxxx.xxxxxxxxxxxxx.xxx/VCSearchWeb/org/cityofchicago/vcsearch/controller/payme nts/xxxxx.xx?agencyId=city. city If the Contractor, without reasonable cause, fails to make any payment to its Subcontractors and material suppliers within 7 days after receipt of payment under a City contract, the Contractor shall pay to its Subcontractors and material suppliers, in addition to the payment due them, interest in the amount of 2% per month, calculated from the expiration of the 7-day period until fully paid. In the event that a Contractor fails to make payment to a Subcontractor within the 7-day period required above, the Subcontractor may notify the City by submitting a report form that may be downloaded from the DPS website at: xxxx://xxx.xxxxxxxxxxxxx.xxx/content/dam/city/depts/dps/ContractAdministration/StandardF ormsAgreements/Failure_to_Promtly_Pay_Fillable_Form_3_2013.pdf The report will require the Subcontractor to affirm that (a) its invoice to the Contractor was included in the payment request submitted by the contractor to the City and (b) Subcontractor has not, at the time of the report, received payment from the contractor for that invoice. The report must reference the payment (voucher) number posted on-line by the City in the notice of the payment to the contractor. Subcontractors are hereby reminded that per Chapters 1-21, “False Statements,” and 1-22, “False Claims,” of the Municipal Code of Chicago, making false statements or claims to the City are violations of law and subject to a range of penalties including fines and debarment.

Reporting Failures to Promptly Pay. The City posts payments to prime contractors on the web at xxxx://xxxxxxx.xxxxxxxxxxxxx.xxx/VCSearchWeb/org/cityofchicago/vcsearch/controller/payme nts/xxxxx.xx?agencyId=cityxxxx://xxxxxxx.xxxxxxxxxxxxx.xxx/VCSearchWeb/org/cityofchicago/vcsearch/controller/payments/xxxxx.xx?agencyId=city. If the Contractor, without reasonable cause, fails to make any payment to its Subcontractors and material suppliers within 7 days after receipt of payment under a City contract, the Contractor shall pay to its Subcontractors and material suppliers, in addition to the payment due them, interest in the amount of 2% per month, calculated from the expiration of the 7-day period until fully paid. In the event that a Contractor fails to make payment to a Subcontractor within the 7-day period required above, the Subcontractor may notify the City by submitting a report form that may be downloaded from the DPS website at: xxxx://xxx.xxxxxxxxxxxxx.xxx/content/dam/city/depts/dps/ContractAdministration/StandardF ormsAgreements/Failure_to_Promtly_Pay_Fillable_Form_3_2013.pdf xxxx://xxx.xxxxxxxxxxxxx.xxx/content/dam/city/depts/dps/ContractAdministration/StandardFormsAgreements/Failure_to_Promtly_Pay_Fillable_Form_3_2013.pdf The report will require the Subcontractor to affirm that (a) its invoice to the Contractor was included in the payment request submitted by the contractor to the City and (b) Subcontractor has not, at the time of the report, received payment from the contractor for that invoice. The report must reference the payment (voucher) number posted on-line by the City in the notice of the payment to the contractor. Subcontractors are hereby reminded that per Chapters 1-21, “False Statements,” and 1-22, “False Claims,” of the Municipal Code of Chicago, making false statements or claims to the City are violations of law and subject to a range of penalties including fines and debarment.

Reporting Failures to Promptly Pay. The City posts payments to prime contractors on the web at xxxx://xxxxxxx.xxxxxxxxxxxxx.xxx/VCSearchWeb/org/cityofchicago/vcsearch/controller/payme nts/xxxxx.xx?agencyId=city. If the Contractor, without reasonable cause, fails to make any payment to its Subcontractors and material suppliers within 7 days after receipt of payment under a City contract, the Contractor shall pay to its Subcontractors and material suppliers, in addition to the payment due them, interest in the amount of 2% per month, calculated from the expiration of the 7-14- day period until fully paid. In the event that a Contractor fails to make payment to a Subcontractor within the 714-day period required above, the Subcontractor may notify the City by submitting a report form that may be downloaded from the DPS website at: xxxx://xxx.xxxxxxxxxxxxx.xxx/content/dam/city/depts/dps/ContractAdministration/StandardF ormsAgreements/Failure_to_Promtly_Pay_Fillable_Form_3_2013.pdf The report will require the Subcontractor to affirm that (a) its invoice to the Contractor was included in the payment request submitted by the contractor to the City and (b) Subcontractor has not, at the time of the report, received payment from the contractor for that invoice. The report must reference the payment (voucher) number posted on-line by the City in the notice of the payment to the contractor. Subcontractors are hereby reminded that per Chapters 1-21, “False Statements,” and 1-22, “False Claims,” of the Municipal Code of Chicago, making false statements or claims to the City are violations of law and subject to a range of penalties including fines and debarment.