TIMELINESS OF BILLING SUBMISSION. 6.1 The parties agree that timeliness of billing is of the essence to this Contract and recognize that CITY is on a fiscal year which is defined as the period beginning July 1 and ending June 30 of the following year. All xxxxxxxx for dates of service prior to July 1 must be submitted to CITY no later than the first Friday in August of the same year. A billing submitted after the first Friday in August will subject CONTRACTOR to an administrative fee not to exceed $100.00. The parties hereby agree this is a reasonable estimate of the additional costs to CITY of processing the billing as a stale claim and that this amount will be deducted from the stale claim payment due to CONTRACTOR.
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TIMELINESS OF BILLING SUBMISSION. 6.1 The parties agree that timeliness of billing is of the essence to this Contract and recognize that CITY is on a fiscal year which is defined as the period beginning July 1 and ending June 30 of the following year. All xxxxxxxx for dates of service prior to July 1 must be submitted to CITY no later than the first Friday in August of the same year. A billing submitted after the first Friday in August will subject CONTRACTOR CONSULTANT to an administrative fee not to exceed $100.00. The parties hereby agree this is a reasonable estimate of the additional costs to CITY of processing the billing as a stale claim and that this amount will be deducted from the stale claim payment due to CONTRACTORCONSULTANT.
Appears in 16 contracts
Samples: Consulting Agreement, Consulting Agreement, Consulting Agreement
TIMELINESS OF BILLING SUBMISSION. 6.1 The parties agree that timeliness of billing is of the essence to this Contract and recognize that CITY is on a fiscal year which is defined as the period beginning July 1 and ending June 30 of the following year. All xxxxxxxx billings for dates of service prior to July 1 must be submitted to CITY no later than the first Friday in August of the same year. A billing submitted after the first Friday in August will subject CONTRACTOR CONSULTANT to an administrative fee not to exceed $100.00. The parties hereby agree this is a reasonable estimate of the additional costs to CITY of processing the billing as a stale claim and that this amount will be deducted from the stale claim payment due to CONTRACTORCONSULTANT.
Appears in 2 contracts
Samples: Consulting Agreement, Consulting Agreement
TIMELINESS OF BILLING SUBMISSION. 6.1 The parties agree that timeliness of billing is of the essence to this Contract and recognize that CITY is on a fiscal year which is defined as the period beginning July 1 and ending June 30 of the following year. All xxxxxxxx for dates of service prior to July 1 must be submitted to CITY no later than the first Friday in August September of the same year. A billing submitted after the first Friday in August September will subject CONTRACTOR to an administrative fee not to exceed $100.00. The parties hereby agree this is a reasonable estimate of the additional costs to CITY of processing the billing as a stale claim and that this amount will be deducted from the stale claim payment due to CONTRACTOR.
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