BILLING AND PAYMENTS. The invoices must not be issued before the execution of services or the delivery of the goods. In the event of any down payments, payment must be made to the contractor within 30 days from the adoption of each SAL(work progress status), subject to the contextual release of the payment certificate by the RUP (person in charge of this procedure), and in any case no later than 7 days from its adoption. The payment in a single solution, or of the final balance, is made within 30 days of the positive outcome of the testing or verification of conformity, by bank transfer to dedicated bank account of which the Company undertakes to ensure traceability pursuant to Law 136/2010 and subsequent amendments, upon contextual issue by the RUP, or within 7 days at the latest, of the payment certificate, for the purpose of issuing the invoice by the contractor. The breach of this obligation determines the legal termination of the contract.
BILLING AND PAYMENTS. The invoices must not be issued before the execution of services or the delivery of the goods. The invoices must not include VAT. The payment will be made 30 days after the receipt of the invoice and only after the verification of compliance is completed. The payment will be transferred to the dedicated bank account of the Company, which has to comply with Law 136/2010 and subsequent amendments. The breach of this obligation determines the legal termination of the contract.
BILLING AND PAYMENTS. Invoices, to be issued in electronic format, must be sent through the exchange system of the Agenzia delle Entrate using the Unique Office Code: WMXSWX Payment will be made within 30 (thirty) days of the adoption of each S.A.L. (progress of works). The COMPANY will be authorized in writing by the Sole Processor, who will have issued the relevant Payment Certificate no later than 7 (seven) days from the adoption of each S.A.L., to issue an invoice in electronic format. The final payment (of the last SAL) or the lump sum payment (typically for the supply of goods), will take place following the positive outcome of the testing of the certificate of regular execution which will be carried out, in accordance with the provisions of art. 102 paragraph 2 of the Legislative Decree. n. 50/2016 and subsequent amendments, within 30 (thirty) days from the date of completion of the services covered by the contract. Payment will be made by bank transfer to a dedicated current account which the Company undertakes to ensure traceability pursuant to Law 136/2010 and subsequent amendments. Payment will also be subject to verification of the Company's tax and contribution regularity.