Contract Payment Clause Samples

Contract Payment. The total amount of this contract shall not exceed $50,000.00 and shall conform to the provisions of Attachment B, Budget. Payments shall be billed monthly.

Contract Payment. 1. Provider must submit bills for fees or other compensation for services or expenses in sufficient detail for a proper pre-audit and post-audit thereof. 2. Where reimbursement of travel expenses are allowable as specified in Attachment I, bills for any travel expenses must be submitted in accordance with section 112.061, Florida Statutes. The Department may, if specified in Attachment I, establish rates lower than the maximum provided in section 112.061, Florida Statutes.‌ 3. Pursuant to section 215.422, Florida Statutes, the Department has five working days to inspect and approve goods and services, unless this contract specifies otherwise. With the exception of payments to health care providers for hospital, medical, or other health care services, if payment is not available within 40 days, measured from the latter of the date the invoice is received or the goods or services are received, inspected and approved, a separate interest penalty set by the State’s Chief Financial Officer pursuant to section 55.03, Florida Statutes, will be due and payable in addition to the invoice amount. To obtain the applicable interest rate, contact the Department’s fiscal office or contract administrator. Payments to health care providers for hospitals, medical, or other health care services, will be made not more than 35 days from the date eligibility for payment is determined, at the daily interest rate of 0.03333 percent. Invoices returned to Provider due to preparation errors will result in a payment delay. Interest penalties less than one dollar will not be enforced unless Provider requests payment. Invoice payment requirements do not start until a properly completed invoice is provided to the Department. 4. Bonuses: Pursuant to section 215.425, Florida statutes, any bonus scheme implemented by the Provider must: 1) base the award of a bonus on work performance; 2) describe the performance standards and evaluation process by which a bonus will be awarded;

Contract Payment. In consideration for the Landowners’ agreement to restore and manage the land for the 30-year contract period, and consistent with the previously executed Agreement to Enter Contract for 30- Year Land Use at EXHIBIT E, NRCS will make a single lump-sum payment at contract closing in the amount of unless the Landowner has previously requested installment payments, as specified by EXHIBIT F, if applicable. Landowner must select below the method through which payment will be made, any payments will be made using Electronic Fund Transfers (EFT) to either:  The Office of the Special Trustee (such Contract is subject to requirements and instructions of the Office of the Special Trustee (OST), and the Bureau of Indian Affairs).  A bank account designated by the Tribe, and NRCS will provide proof of payment to BIA. The Landowner agrees and understands that the contract payment is based on the approved Geographic Area Rate Cap in effect when the Agreement (EXHIBIT E) was signed. Payment will be 75 percent of the rate provided for a permanent WRP easement as required by statute at 16 U.S.C. 3837. The Landowner agrees and understands that 25 percent of the projected restoration costs will be withheld from the contract payment by NRCS to cover the Landowner’s share of the restoration costs. The Landowner agrees and understands that the actual cost of restoration may vary from the original projection. Because NRCS cannot cost-share more than 75 percent of the total restoration cost, the Landowner agrees to be responsible for any increase over the original 25 percent projection and; conversely, the Landowner will receive a refund, reflecting their 25 percent cost-share from withheld funds, should restoration costs be less than the original projection. The Landowner must choose and initial the method through which NRCS will provide restoration cost-share assistance below. Method:  Landowner Agreement

Contract Payment. Pursuant to §215.422, FS, the department has five (5) working days to inspect and approve goods and services, unless the bid specifications, Purchase Order, or this contract specifies otherwise. With the exception of payments to health care providers for hospital, medical, or other health care services, if payment is not available within 40 days, measured from the latter of the date the invoice is received or the goods or services are received, inspected and approved, a separate interest penalty set by the Comptroller pursuant to §55.03, FS, will be due and payable in addition to the invoice amount. To obtain the applicable interest rate, contact the fiscal office/contract administrator. Payments to health care providers for hospitals, medical, or other health care services, shall be made not more than 35 days from the date eligibility for payment is determined, at the daily interest rate of 0.03333%. Invoices returned to a vendor due to preparation errors will result in a payment delay. Interest penalties less than one dollar will not be enforced unless the vendor requests payment. Invoice payment requirements do not start until a properly completed invoice is provided to the department.

Contract Payment. Section 215.422, Florida Statutes, provides that agencies have 5 working days to inspect and approve goods and services, unless bid specifications, Contract or purchase order specifies otherwise. With the exception of payments to health care providers for hospital, medical, or other health care services, if payment is not available within forty (40) days, measured from the latter of the date the invoice is received or the goods or services are received, inspected and approved, a separate interest penalty set by the Comptroller pursuant to Section 55.03, F. S., will be due and payable in addition to the invoice amount. To obtain the applicable interest rate, please contact the Agency’s Fiscal Section at (▇▇▇) ▇▇▇-▇▇▇▇, or utilize the Department of Financial Services website at ▇▇▇.▇▇▇.▇▇▇▇▇.▇▇.▇▇/▇▇▇▇▇▇▇▇.▇▇▇▇. Payments to health care providers for hospitals, medical or other health care services, shall be made not more than 35 days from the date of eligibility for payment is determined, and the daily interest rate is .0003333%. Invoices returned to a vendor due to preparation errors will result in a payment delay. Invoice payment requirements do not start until a properly completed invoice is provided to the Agency. A Vendor Ombudsman, whose duties include acting as an advocate for vendors who may be experiencing problems in obtaining timely payment(s) from a State agency, may be contacted at (▇▇▇) ▇▇▇-▇▇▇▇ or by calling the State Comptroller’s Hotline, ▇-▇▇▇-▇▇▇-▇▇▇▇.

Contract Payment. Contract payment shall conform to the provisions of Attachment B, Budget.

Contract Payment. The CITY shall pay the Contractor for the performance of this Contract and completion of the project in accordance with the Contract Documents, subject to adjustment by change order/Contract amendment, the total amount in current funds being: Written & $ which is based on the price(s) in the Schedule of Values and as approved by the CITY Project Manager.

Contract Payment. Payment under this contract shall be based on the Payment Schedule included in the Specific Terms.

Contract Payment. The CONSULTANT shall provide complete and accurate billing invoices to the STATE in order to receive payment. Billing invoices submitted to the STATE must contain all information and supporting documentation required by the Contract, the STATE and the State Comptroller. Payment for invoices submitted by the CONSULTANT shall only be rendered electronically unless payment by paper check is expressly authorized by the New York State Department of Transportation Commissioner (hereinafter referred to as “COMMISSIONER”), in the COMMISSIONER’S sole discretion, due to extenuating circumstances. Such electronic payment shall be made in accordance with ordinary State procedures and practices. The CONSULTANT shall comply with the State Comptroller’s procedures to authorize electronic payments. Authorization forms are available at the State Comptroller’s website at ▇▇▇.▇▇▇.▇▇▇▇▇.▇▇.▇▇/▇▇▇▇/▇▇▇▇▇.▇▇▇, by email at ▇▇▇▇▇▇@▇▇▇.▇▇▇▇▇.▇▇.▇▇, or by telephone at ▇▇▇-▇▇▇-▇▇▇▇. CONSULTANT acknowledges that it will not receive payment on any invoices submitted under this contract if it does not comply with the State Comptroller’s electronic payment procedures, except where the COMMISSIONER has expressly authorized payment by paper check as set forth above.