Common use of Prompt Progress Payment to Subconsultants Clause in Contracts

Prompt Progress Payment to Subconsultants. If this AGREEMENT is subject to Section 7108.5 of the Business and Professions Code concerning prompt payment to subcontractors, CONSULTANT agrees that not later than seven (7) calendar days after receipt of payment from ALAMEDA CTC, CONSULTANT shall pay to its subconsultants all amounts due from such payment, unless otherwise agreed to in writing. In any event, whether or not Section 7108.5 is applicable, CONSULTANT shall pay its subconsultants all amounts due within the fifteen (15)-day period set forth in Article I, Section A, Paragraph 4. Any delay or postponement of payment over thirty

Appears in 2 contracts

Sources: Consulting Agreement, Consulting Agreement