Billing Invoices. Contractor shall ▇▇▇▇ LCSB for services provided hereunder, within a reasonable timeframe, after services are rendered. “Reasonable timeframe” shall be defined as within twenty (20) business days after provision of services. Invoices for contracted services must be descriptive to (1) provide hourly detail of services provided where the services are based on hourly rates or (2) provide detail of services performed for the period of billing where the services are based on a flat fee amount and, if appropriate, contain the information as outlined in section 2(D). LCSB shall pay each invoice within thirty (30) days after receipt thereof by LCSB. LCSB shall not be required to pay for any services for which Contractor does not provide a proper invoice within a reasonable timeframe.
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Sources: Professional Services, Professional Services