Withholding or Denial of Payment on Invoices Clause Samples
The 'Withholding or Denial of Payment on Invoices' clause allows a party, typically the client or purchaser, to delay or refuse payment of an invoice under certain specified circumstances. This clause generally applies when the goods or services provided are incomplete, defective, or otherwise do not meet the agreed-upon standards, or if there are disputes regarding the invoice's accuracy. By including this provision, the contract ensures that payment is only made for satisfactory performance, protecting the paying party from having to pay for subpar or disputed work.
Withholding or Denial of Payment on Invoices. The County reserves the right to withhold or deny payment of any invoice if such invoice:
1. Is incomplete or fails to provide the requisite supporting documentation;
2. Fails to be provided in a timely fashion as determined by the terms of this Agreement; or
3. Indicates expenditures that are not compliant with this Agreement, the Federal Award, or any directives issued by the Federal Awarding Agency.