Common use of TIMELINESS OF BILLING SUBMISSION Clause in Contracts

TIMELINESS OF BILLING SUBMISSION. The parties agree that timeliness of billing is of the essence to this Contract and recognize that the City is on a fiscal year. All xxxxxxxx for dates of service prior to July 1 must be submitted to the City no later than the first Friday in August of the same year. If Contractor submits billing in a timely fashion, the City agrees to pay the Contractor within 30 days of receipt of the invoice. Should City not pay within this agreed upon time frame, the City agrees to pay a ten dollar per month fee until such time as the unresolved invoice becomes paid in full. Any dispute regarding payment must be raised in writing to the City within 30 days.

TIMELINESS OF BILLING SUBMISSION. The parties agree that timeliness of billing is of the essence to this Contract and recognize that the City is on a fiscal year. All xxxxxxxx billings for dates of service prior to July 1 must be submitted to the City no later than the first Friday in August of the same year. If Contractor submits billing in a timely fashion, the City agrees to pay the Contractor within 30 days of receipt of the invoice. Should City not pay within this agreed upon time frame, the City agrees to pay a ten dollar per month fee until such time as the unresolved invoice becomes paid in full. Any dispute regarding payment must be raised in writing to the City within 30 days.