Final Bill Clause Samples
The Final Bill clause establishes the process for issuing the last invoice or statement of account at the conclusion of a project or contract. Typically, this clause outlines the timing, required documentation, and procedures for submitting and settling the final bill, including any adjustments for previous payments, outstanding balances, or approved variations. Its core function is to ensure that all financial matters are clearly resolved between the parties, preventing future disputes over payment and providing a formal closure to the contractual relationship.
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Final Bill. 9.5.1 Preparation and Submission of Final Bill The Subcontractor will submit his final bill as per actual work done at site which works approved by Engineer/Employer/ Contractor after Taking-Over 中期账单的支付 每期账单最低支付限额为分包合同额 的 5% ，如不足将转入下次账单进行支付。 (b )承包商收到业主相应的计量款后将在 28 天内对分包商进行支付。 最终账单 最终账单的准备及提交 the 在分包工程交工后， 分包商依据现场实际完 成、由咨询 / 成、由咨询 /业主 /承包商批复的工程提交其 最终账单，该完成工程必须严格按照分包合 同的条款、条件 /规范执行。 subcontract works by the Contractor, and the work done must be strictly as per the terms and conditions/specifications of the Subcontract Agreement. The final bill will be supported with As-built Drawings,_x000C_detailed measurement sheets of work done, test reports and check requests etc. for verification and approval by the Employer/Engineer/ Contractor. Contractor has a right to deduct any amount against any item which is found not meeting the specifications or not executed at site but claimed by the Subcontractor in his IPCs or Final Bill. Payment of Final Bill The final bill will be released after successful handing over the completed project to the Employer and who has issued the Performance Certificate to the subcontract works, and the Subcontractor has made rectification of all defects so pointed out in the handing/taking over and occurs during the Defects Liability Period to the entire satisfaction of the Employer/Engineer/ Contractor. Retention Money Deduction of Retention Money The Contractor will deduct the Retention Money as amount calculated at 10% of such certificate until the amount so retained reaches the limit of retention money equivalent to 5% of the whole Subcontract price ； Refund of Retention Money The refund of Retention Money shall be followed the manners specified in the Main Contract as the Contractor received the T aking-Over certificate from the Employer and the related retention money also be repaid by the Employer, hereby which half amount of Retention Money can be released, then the remaining half amount shall be released only the completion of the completion of Defected Notified Period of the Main Contract. 最终账单需附有完工图纸， 详细的完成工作 的计量页，检测报告，以及工程报验单等， 由业主、工程师、承包商进行审核、批准。 如果发现某些项目未达到规范的要求， 或者 是没有实施， 但却出现在分包商的中期账单 中或最终账单中， 则承包商有权扣除这些工 程量。9.5.2 最终账单的支付 在已完成的项目成功移交并由业主颁发履 约证书，以及在工程移交过程中指定的缺陷 工程及在缺陷责任期间出现的缺陷工程的 修复完成，并达至业主 /工程师 最终账单需附有完工图纸， 详细的完成工作 的计量页，检测报告，以及工程报验单等， 由业主、工程师、承包商进行审核、批准。 如果发现某些项目未达到规范的要求， 或者 是没有实施， 但却出现在分包商的中期账单 中或最终账单中， 则承包商有权扣除这些工 程量。
9.5.2 最终账单的支付 在已完成的项目成功移交并由业主颁发履 约证书，以及在工程移交过程中指定的缺陷 工程及在缺陷责任期间出现的缺陷工程的 修复完成，并达至业主 /工程师 /承包商满意 的程度后，承包商...
Final Bill. Customer acknowledges that in the event of a cancellation or termination of this Agreement it may take several billing cycles for Customer to return to the LDC or another suppler for supply service. Customer is liable for all Catalyst Power charges until Customer returns to the LDC or goes to another supplier. The LDC will render a final bill within approximately twenty (20) days after the final scheduled meter reading or if access is unavailable, an estimate of consumption will be used in the final bill, which will be trued up subsequent to the final meter reading.
Final Bill. The RRC has the responsibility of monitoring the timeliness of final bills. The railroad accounting section will accumulate costs and submit their final invoice to the region. This invoice is to be marked "FINAL." The final bill is to be submitted within one year of the state's acceptance of the company's work in accordance with 23 CFR 140.922. If the final bill is not received by that date, the last detailed progressive bill will be considered to be the final bill.
Final Bill. The Utility shall present its final itemized bill accompanied by an itemized cumulative invoice within ninety (90) days of completion of its work. All documents required to substantiate any claims for payment shall be submitted with this final itemized bill. Such supporting documentation shall include, but shall not be limited to, copies of material invoices, time sheets, vendor and/or contractor invoices and other such documents as may be deemed by the State to support such invoice. Upon receipt of a final bill, the Utility shall be reimbursed for such items of project work, expense and retainage within ninety (90) days after the resolution and issuance of any audit performed in accordance with Section IX.
Final Bill. When this agreement ends, Contractor will stop work and bill Company for work already done.
Final Bill. The final bill will be based on the actual footage of fencing built and work performed. Adjustments for materials used on this job and adjustments for labor will be charged or credited at the currently established rates. Additional charges for any work not covered in this contract that was requested by the customer will also be added. The full amount of this contract along with any additional charges will become payable upon completion of all work whether or not it has been invoiced.
Final Bill. Upon vacating the Premises, a final Allocated Utility Bill will be issued by either the Billing Provider or Landlord. The cut-off date for this final bill will be the date that Resident surren- ders possession of the Premises to Landlord. To the extent permitted by law, Resident acknowl- edges and agrees that any unpaid Allocated Utility Bill, together with the amount of the final bill, may be deducted from the security deposit, as additional rent, at the termination of the Agree- ment.
Final Bill. Following termination of the wireless services, there will be a final bill processed and charged. This final bill may include pro-rated wireless services and data costs incurred between the date of your previous bill and the date of disconnection. The final bill may also include early termination fees, charges for promotional items, or other charges covered in this contract.
Final Bill. Final Bill’ is used for final payment on closing of Running Account for works or for single payment after completion of works. ‘Final Bill’ shall be submitted as per prescribed format after completion of works as per scope and upon material reconciliation, along with the following.
i) ‘No Claim Certificate’ by contractor
ii) Clearance certificates where ever applicable viz Clearance Certificates from Customer, various Statutory Authorities like Labour department, PF Authorities, Commercial Tax Department, etc
iii) Indemnity bond as per prescribed format BHEL shall settle the final bills after deducting all liabilities of Contractor to BHEL
Final Bill a) Invoice
b) Job completion certificate issued by the Engineer-in-charge / Attendance certified by indenting dept.
c) Proof of payment to workers through Bank with Individual Account Numbers.
d) Proof of PF payment with detailed calculation sheet of contributions certified by IR dept.
e) Proof of ESI payment with detailed calculation sheet of contributions certified by IR dept.
f) Proof of GST payment as per Annexure - GST.
g) RTGS form
h) WAM 07 duly filled & signed
i) For any reduction in the Invoice value, Credit Note (under GST Act) to be issued by vendor and vice versa.
j) In case of release of security deposit, WAM-10 to be filled and submitted. ▪ First RA Bill A = WO x (1+S) + TU A = Payment to the service provider WO = Value of Actual operations cost arrived based on minimum wages Published at Annexure-IV S = Service Charge in % TU= Total Cost of Uniform and Safety Appliances (One Time Payment) ▪ Subsequent ▇▇ ▇▇▇▇▇ Up to 30.09.2024 A = WO x (1+S) ▪ ▇▇ ▇▇▇▇▇ after 30.09.2024 and Final Bill, please refer clause 13.0 for A1 calculation A= A1+ WO x S