Common use of Final Billing Clause in Contracts

Final Billing. Invoices for services must be received by the State within 30 days following each state fiscal, year, federal grant period (12/31/2016), or 30 days following the end of the contract term, whichever comes first. The final invoice must include the statement “Final Billing.” The final invoice must include a completed Form 700 Leaving Office Statement of Economic Interest properly completed for every Designated Filer in the Contractor’s group. The final invoice will not be considered complete or accurate unless it is submitted with a Form 700 Leaving Office Statement of Economic Interest for Designated Filers. Further, a final invoice submitted without all of the required Form 700 filings will automatically be considered a “disputed” invoice. Disputed invoices are not subject to Government Code Section 927 prompt payment requirements until the dispute is resolved.