Quick Payment definition
Examples of Quick Payment in a sentence
Amounts unpaid after the date of which payments due shall bear interest in accordance with the Quick Payment Act.
Invoices not paid by that date shall bear interest in accordance with the Quick Payment Act.
Upon approval of such invoice amounts by the Contracting Officer and presentation of proper documentation by the Architect-Engineer, payment of the invoice amount as determined above less agreed upon retainage and all previous payments shall be made in accordance with the Quick Payment Act, D.C. Official Code §2-221.01 et seq.
Interest shall be paid by the District in accordance with the Quick Payment Act, D.C. Official Code §2-221.01 et seq.
G.6.2.4 A dispute between the Contractor and subcontractor relating to the amounts or entitlement of a subcontractor to a payment or a late payment interest penalty under the Quick Payment Act does not constitute a dispute to which the District of Columbia is a party.
The District will pay interest penalties on amounts due to the A/E under the Quick Payment Act, D.C. Official Code §2-221.01 et seq., for the period beginning on the day after the required payment date and ending on the date on which payment of the amount is made.
G.6.1.1 The District will pay interest penalties on amounts due to the Contractor under the Quick Payment Act, D.C. Official Code § 2-221.01 et seq., as amended, for the period beginning on the day after the required payment date and ending on the date on which payment of the amount is made.
Section 8.28.1.1 The District will pay interest penalties on amounts due to the A/E under the Quick Payment Act, D.C. Official Code §2-221.01 et seq., for the period beginning on the day after the required payment date and ending on the date on which payment of the amount is made.
Additional discounts may include Quick Payment Discounts, Volume Discounts, and Rebates.
Amounts unpaid forty five (45) days after the invoice date shall bear interest in accordance with the Quick Payment Act.