Invoicing and Terms of Payment. Payment of all invoices is the responsibility of the individual Board’s Central Office. Vendors will bill each Boards on the first of the month for all invoices for the preceding month. Vendors can expect to receive payment without 30 days unless there is some contest in writing regarding the bill. Vendors may notify the respective Boards if any CNP accounts are delinquent. USDA regulations do not allow payment of service charges or interest from CNP funds.
Appears in 2 contracts
Sources: Joint Purchasing Agreement, Joint Purchasing Agreement