Payments to Contractor. For and in consideration of the faithful performance of the work herein embraced as set forth in the Contract Documents, and in accordance with the directions of the TOWN, through its Engineer and to its satisfaction, the TOWN agrees to pay the CONTRACTOR the amount earned, computed from actual quantities of work performed and accepted or materials furnished at the unit bid price in the Bid Proposal and to make such payment in accordance with applicable Arizona Revised Statutes, after final inspection and acceptance of the work. The TOWN by mutual agreement may make progress payments on contracts of less than ninety days and shall make monthly progress payments on all other contracts as provided for in this paragraph. Payment to the CONTRACTOR on the basis of a duly certified and approved estimate of the work performed during the preceding calendar month under such Contract may include payment for material and equipment, but to ensure the proper performance of such Contract, the TOWN shall retain ten per cent (10%) of the amount of each estimate until final completion and acceptance of all material, equipment and work covered by the Contract. An estimate of the work submitted shall be deemed approved and certified for payment after ten (10) days from the date of submission unless before that time the TOWN or TOWN’s agent prepares and issues a specific written finding setting forth those items in detail in the estimate of the work that are not approved for payment under the Contract. The TOWN may withhold any amount from the progress payment sufficient to pay the expenses the TOWN reasonably expects to incur in correcting the deficiency set forth in the written finding. The progress payments shall be paid on or before fourteen (14) days after the estimate of the work is certified and approved. The estimate of the work shall be deemed received by the TOWN on submission to any person designated by the TOWN for the submission, review or approval of the estimate of the work. When the Contract is fifty per cent (50%) completed, one-half (1/2) of the amount retained, including any securities substituted as set forth below, shall be paid to the CONTRACTOR upon the CONTRACTOR’s request, provided the CONTRACTOR is making satisfactory progress on the Contract and there is no specific cause or claim requiring a greater amount to be retained. After the Contract is fifty per cent (50%) completed, no more than five percent (5%) of the amount of any subsequent progress pa...
Payments to Contractor. A. The total amount to be paid by the COUNTY under this Contract for services, shall not exceed seventeen thousand four hundred Dollars ($17,400.00). The CONTRACTOR will bill the COUNTY on a monthly basis, or as otherwise provided, at the amounts set forth in Exhibit “B” for services rendered toward the completion of the Scope of Work. Where incremental billing for partially completed items is permitted, the total incremental xxxxxxxx shall not exceed the percentage of estimated completion as of the billing date.
B. Invoices received from the CONTRACTOR pursuant to this Contract will be reviewed and approved by the user County Department, indicating that services have been rendered in conformity with the Contract and then will be sent to the Finance Department for payment. All invoices must reference this contract number. Invoices will be paid in accordance with the State of Florida Local Government Prompt Payment Act 218.
Payments to Contractor. A. The total amount to be paid by the COUNTY under this Contract for the base period, shall not exceed Six Hundred and Forty Thousand Dollars ($640,000). The CONTRACTOR will notify the COUNTY, in writing, when 90% of the estimated contract amount has been reached. The CONTRACTOR will bill the COUNTY on a monthly basis, or as otherwise provided, at the amounts set forth in Exhibit “B” for services rendered toward the completion of the Scope of Services. Where incremental billing for partially completed items is permitted, the total incremental xxxxxxxx shall not exceed the percentage of estimated completion as of the billing date.
B. Invoices received from the CONTRACTOR pursuant to this Contract will be reviewed and approved by the initiating County Department, indicating that services have been rendered in conformity with the Contract and then will be sent to the Finance Department for payment. Invoices will be paid in accordance with the State of Florida Local Government Prompt Payment Act. A valid invoice shall include the following:
1. Reference to the Delivery Order/ Purchase Order Number
2. Delivery Dates/ Service Dates
3. Itemization of Goods Delivered/ Services Rendered
4. Unit Prices in accordance with the Exhibit “B”
Payments to Contractor. (a) The government will pay the contractor price as hereinafter provided.
(b) The Government will make progress payments monthly as the work proceeds, or at more frequent intervals as
(c) In making such progress payments, there shall be retained 10 percent of the estimated amount until final completion and acceptance of the contract work. However, if the Contracting Officer, at any time after 50 percent of the work has been completed, finds that satisfactory progress is being made, he may authorize any of the remaining progress payments to be made in full. Also, whenever the work is substantially complete, the Contracting Officer, if he considers the amount retained to be in excess of the amount adequate for the protection of the Government, at his discretion, may release to the Contractor all or a portion of such excess amount. Furthermore, on completion and acceptance of each separate building, public work, or other division of the contract, on which the price is stated separately in the contract, payment may be made therefore without retention of a percentage.
(d) All material and work covered by progress payments made shall thereupon become the sole property of the Government, by this provision shall not be construed as relieving the Contractor from the sole responsibility for all material and work upon which payments have been made or the restoration of any damaged work, or a waiving the right of the Government to acquire the fulfillment of all the terms of the contract.
(e) Upon completion and acceptance of all work, the amount due to the Contractor under this contract shall be paid upon the presentation of a properly executed voucher and after the Contractor shall have furnished the Government with a release, if required, of all claims against the Government arising by virtue of this contract, other than claims in stated amounts as may be specifically excepted by the Contractor from the
Payments to Contractor. A. Maximum Amount Payments to Contractor are limited to the unpaid, obligated balance of the Contract Funds. The State shall not pay Contractor any amount under this Contract that exceeds the Contract Maximum. The State shall not pay Contractor any amount under this Contract that exceeds the PMPM amount for that month submitted to the State as specified in Exhibit B.
B. Payment Procedures
Payments to Contractor. A. The total amount to be paid by the COUNTY under this Contract for the base period, shall not exceed Dollars ($ ). The CONTRACTOR will notify the COUNTY, in writing, when 90% of the estimated contract amount has been reached. The CONTRACTOR will bill the COUNTY on a monthly basis, or as otherwise provided, at the amounts set forth in Exhibit “B” for services rendered toward the completion of the Scope of Services. Where incremental billing for partially completed items is permitted, the total incremental xxxxxxxx shall not exceed the percentage of estimated completion as of the billing date.
B. Invoices received from the CONTRACTOR pursuant to this Contract will be reviewed and approved by the initiating County Department, indicating that services have been rendered in conformity with the Contract and then will be sent to the Finance Department for payment. Invoices will be paid in accordance with the State of Florida Local Government Prompt Payment Act. A valid invoice shall include the following:
1. Reference to the Delivery Order/ Purchase Order Number
2. Delivery Dates/ Service Dates
3. Itemization of Goods Delivered/ Services Rendered
4. Unit Prices in accordance with the Exhibit “B”
Payments to Contractor. A. The total amount to be paid by the COUNTY under this Contract for the base period, shall not exceed Four Hundred and Seventy-eight Thousand Seven Hundred and Fifty Dollars ($478,750). The CONTRACTOR will notify the COUNTY, in writing, when 90% of the estimated contract amount has been reached. The CONTRACTOR will bill the COUNTY on a monthly basis, or as otherwise provided, at the amounts set forth in Exhibit “B” for services rendered toward the completion of the Scope of Services. Where incremental billing for partially completed items is permitted, the total incremental xxxxxxxx shall not exceed the percentage of estimated completion as of the billing date.
B. Invoices received from the CONTRACTOR pursuant to this Contract will be reviewed and approved by the initiating County Department, indicating that services have been rendered in conformity with the Contract and then will be sent to the Finance Department for payment. Invoices will be paid in accordance with the State of Florida Local Government Prompt Payment Act. A valid invoice shall include the following:
1. Reference to the Delivery Order/ Purchase Order Number
2. Delivery Dates/ Service Dates
3. Itemization of Goods Delivered/ Services Rendered
4. Unit Prices in accordance with the Exhibit “B”
Payments to Contractor. A. Payments to CONTRACTOR shall be made within a reasonable time after receipt of CONTRACTOR’s invoice, said payments to be made in proportion to services performed or as otherwise specified in Attachment 1 to Exhibit B. CONTRACTOR may request payment on a monthly basis. CONTRACTOR shall be responsible for the cost of supplying all documentation necessary to verify the monthly xxxxxxxx to the satisfaction of AUTHORITY.
B. All invoices submitted by CONTRACTOR shall contain the following information:
(1) Job Name
(2) Description of services billed under this invoice and overall status of project
(3) Date of Invoice Issuance
(4) Sequential Invoice Number
(5) AUTHORITY’s Purchase Order Number if applicable
(6) Total Contract Amount
(7) Amount of this Invoice (Itemize all Reimbursable Expenses)
(8) Total Billed to Date
(9) Total Remaining on Contract
(10) Updated project schedule. This shall identify those steps that shall be taken to bring the project back on schedule if it is behind schedule.
C. Items shall be separated into Services and Reimbursable Expenses. Xxxxxxxx that do not conform to the format outlined above shall be returned to CONTRACTOR for correction. AUTHORITY shall not be responsible for delays in payment to CONTRACTOR resulting from CONTRACTOR’s failure to comply with the invoice format described below.
D. Requests for payment shall be sent to:
Payments to Contractor. A. The total amount to be paid by the University under this Agreement for services, materials, and “out of pocket” expenses shall be determined on a project by project basis based on the rates set forth in the Pricing Summary, hereby incorporated by reference and attached as Attachment B. Where incremental xxxxxxxx for partially completed items are permitted, the total incremental xxxxxxxx shall not exceed the percentage of estimated completion as of the billing date. The University reserves the right to make payment via PCard, check, and/or direct deposit.
B. Invoices received from the Contractor pursuant to this Agreement will be reviewed and approved by the initiating University department, indicating that products and services have been rendered in conformity with the Agreement. Invoices will then either be paid by the department with PCard or will be sent to Accounts Payable for payment. Invoices must reference the current purchase order number (if applicable). All payments are to be made in accordance with UWF Regulation 6.003 Prompt Payment.
C. All requests for payment will be submitted in sufficient detail for a proper pre-audit and post-audit thereof.
D. In order for both parties herein to close their books and records, the Contractor will clearly state "final invoice” on the Contractor’s final/last billing to the University. This certifies that all services have been properly performed and all charges and costs have been invoiced to University. Since this account will thereupon be closed, any and all further charges if not properly included on this final invoice are waived by the Contractor.
Payments to Contractor. (a) Payments to Contractor will be made on a monthly basis and within thirty (30) days from receipt of a correct invoice or billing statement in accordance with the Texas Government Code, Chapter 2251, known as the Texas Prompt Payment Act. An invoice is considered received on the date it is date stamped by TFC Accounts Payable. Contractor will be paid for completion of work accepted and approved by TFC’s TFC Contract Administrator. For large projects, partial payment may be allowed once per month on completed work with acceptance and approval of the TFC Contract Administrator.
