Common use of Payment and Invoicing Clause in Contracts

Payment and Invoicing. The maximum amount payable under this Order shall not exceed . This maximum amount is not a guaranteed amount. Contractor will be paid for products or services actually delivered or performed, as specified in the attached Statement of Work, up to the maximum amount payable. Payment obligations of the State hereunder shall not exceed the maximum allowable rates or other cost structures established by the Authorizing Agreement. Payments of invoices shall be made in accordance with the payment provisions in the Authorizing Agreement as further supplemented herein. a. Contractor shall submit invoices to the State Purchasing Entity’s address identified above. b. Invoices shall include the Order # and Authorizing Agreement # appearing atop the first page of this document.

Appears in 13 contracts

Sources: Standard Contract for Naspo Distributor, Standard Contract for Naspo Distributor, Standard Contract for Naspo Distributor