Common use of The Final Payment Clause in Contracts

The Final Payment. The final payment under this Clause shall be made only after the final report has been submitted by the Consultant and approved as satisfactory by the Procuring Entity. The Services shall then be deemed completed and finally accepted by the Procuring Entity. The last lump-sum installment shall be deemed approved for payment by the Procuring Entity within ninety (90) calendar days after receipt of the final report by the Procuring Entity unless the Procuring Entity, within such ninety (90) calendar day period, gives written notice to the Consultant specifying in detail deficiencies in the Services, the final report. The Consultant shall thereupon promptly make any necessary corrections, and there after the fore going process shall be repeated.

Appears in 2 contracts

Samples: Framework Contract for Provision of Training Services, Framework Contract for Consultancy Services

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The Final Payment. The final payment under this Clause shall be made only after the final report has been submitted by the Consultant and approved as satisfactory by the Procuring Entity. The Services shall then be deemed completed and finally accepted by the Procuring Entity. The last lump-lump- sum installment shall be deemed approved for payment by the Procuring Entity within ninety (90) calendar days after receipt of the final report by the Procuring Entity unless the Procuring Entity, within such ninety (90) calendar day period, gives written notice to the Consultant specifying in detail deficiencies in the Services, the final report. The Consultant shall thereupon promptly make any necessary corrections, and there after the fore going process shall be repeated.

Appears in 1 contract

Samples: Framework Agreement for Provision of Training Services

The Final Payment. The final payment under this Clause Contract shall be made only after the final report has have been submitted by the Consultant and approved as satisfactory by the Procuring EntityClient. The Services shall then be deemed completed and finally accepted by the Procuring EntityClient. The last lump-lump- sum installment shall be deemed approved for payment by the Procuring Entity Client within ninety (90) calendar days after receipt of the final report by the Procuring Entity Client unless the Procuring EntityClient, within such ninety (90) calendar day period, gives written notice to the Consultant specifying in detail deficiencies in the Services, the final report. The Consultant shall thereupon promptly make any necessary corrections, and there after thereafter the fore going foregoing process shall be repeated.

Appears in 1 contract

Samples: Consultant Services Agreement

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The Final Payment. The final payment under this Clause shall be made only after the final report has have been submitted by the Consultant and approved as satisfactory by the Procuring EntityClient. The Services shall then be deemed completed and finally accepted by the Procuring EntityClient. The last lump-sum installment instalment shall be deemed approved for payment by the Procuring Entity Client within ninety (90) calendar days after receipt of the final report by the Procuring Entity Client unless the Procuring EntityClient, within such ninety (90) calendar day period, gives written notice to the Consultant specifying in detail deficiencies in the Services, the final report. The Consultant shall thereupon promptly make any necessary corrections, and there after thereafter the fore going foregoing process shall be repeated.

Appears in 1 contract

Samples: Lump Sum Contract

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