Final Account Clause Samples

Final Account. 36.1 The Contractor shall supply the Engineer with a detailed account of the total amount that the Contractor considers payable for works under the Contract within 21 days of issue of certificate of physical completion of works. The Engineer shall issue a Defects Liability Certificate and certify any payment that is due to the Contractor within 45 days of receiving the Contractor's account if it is correct and complete. If the account is not correct or complete, the Engineer shall issue within 45 days a schedule that states the scope of the corrections or additions that are necessary. If the Account is still unsatisfactory after it has been resubmitted, the matter shall be referred to the Competent Authority as defined in the Contract Data, who shall decide on the amount payable to the Contractor after hearing the Contractor and the Engineer in Charge. 36.2 In case the account is not received within 21 days of issue of Certificate of Completion as provided in clause 32.1 above, the Engineer shall proceed to finalize the account and issue a payment certificate within 28 days.

Final Account. 32.1 The contractor shall issue the Project Manager with a detailed account of the total amount that the Contractor considers payable to him by the Employer under the Contract before the end of the Defects Liability period. The Project Manager shall issue a Defects Liability Certificate and certify any final payment that is due to the Contractor within 30 days of receiving the Contractor's account if it is correct and complete. If it is not, the Project Manager shall issue within 30 days a schedule that states the scope of the corrections or additions that are necessary. If the final account is still unsatisfactory after it has been resubmitted, the Project Manager shall decide on the amount payable to the Contractor and issue a Payment Certificate. The Employer shall pay the Contractor the amount due in the Final Certificate within 60 days.

Final Account. We will endeavour to submit a final invoice to you within twenty-eight (28) days after the end of the Event for the total of the Quote and any Additional Charges, less amounts paid in the form of deposit(s). We will apply Additional Charges:

Final Account. 57.1 The Contractor shall supply the Employer's Representative with

Final Account. If the Trustee resigns or is removed, and unless the Company accepts without exception the Trustee's final account, the Trustee (or its representative) may settle its account either (a) by beginning an action to procure a judicial settlement or (b) by agreeing on a settlement with the Company.

Final Account. (a) Within 20 Business Days after the expiration of the Defects Liability Period the Subcontractor must submit to the Contractor: (i) its final progress claim endorsed "Final Progress Claim" being a progress claim containing, in addition to the requirements in clause 7, a final statement setting out the details of all moneys claimed or owing under, or in connection with, the subject matter of the Subcontract; and (ii) a deed of release in the form contained in the Subcontract Documents. (b) On receipt of the Final Progress Claim that is compliant with this clause 8, the Contractor will issue a certificate assessing the claim within 10 Business Days and make payment of the amount assessed within 25 Business Days of receipt of the final progress claim. (c) The provision of the deed of release is a precondition to payment of the certificate in subclause 8(b) and the release of any security by the Contractor. If the deed of release is not provided, the Contractor may withhold payment in full and retain the security until the deed of release is provided.

Final Account. The final value of the work shall be determined by the calculation of omissions and additions to the contract amount due to alterations. A draft final account must be given to the Client for approval within seven (7) days after completion of the work. The Client may make changes to the final draft account if necessary and return it to the Contractor within seven (7) days. Thereafter the Client must pay the Contractor.

Final Account. (a) Prepare or agree the final account.

Final Account. 3.1 No later than ninety (90) days following Redelivery of a Contract Aircraft, M&B shall compile a final account of all sums due to M&B under the Agreement. In the event that there are amounts due to either Party as a result of such final account, the other Party shall make payment of such sums within seven (7) Business Days of issuance of the appropriate invoice or credit note, as the case may be.