Common use of Contractor Payments Clause in Contracts

Contractor Payments. Invoices must, at a minimum, comply with the following: Invoices for fees or other compensation for services or expenses shall be submitted in detail sufficient for a proper pre-audit and post-audit thereof. Invoices must be legible originals and must itemize the goods/services that were provided in accordance with the terms of the Purchase Order for the invoice period. Payment does not become due under the Purchase Order until the invoiced deliverable(s) and any required report(s) are approved and accepted by the SFWIB, and until SFWIB has received a proper and complete invoice as outlined herein. Invoices must contain the Vendor’s name, address, federal employer identification number or other applicable Vendor identification number, the Purchase Order number, the invoice number, and the invoice period. The SFWIB may require any additional information from Vendor that the SFWIB deems necessary to process an invoice. Invoices must be submitted in accordance with the time requirements specified in the solicitation, Statement of Work, or other attachment. Payment shall be made in accordance with the solicitation documents, Statement of Work, or other attachment. The SFWIB shall pay all invoices within 30 calendar days of the invoice date. If any portion of the invoice is disputed, the SFWIB shall pay the undisputed portion within 30 calendar days of the invoice date, and shall pay the disputed portion of the invoice once the dispute is resolved between the Parties, within 30 calendar days of receipt of the revised invoice.