Common use of Reports and Payments Clause in Contracts

Reports and Payments. A. Employers shall be required to furnish to the respective Funds written reports, weekly, monthly, or at such other periods as may be designated by the respective Funds. Forms will be furnished employers for this purpose by the Funds and these report forms shall be completed by the employer listing all hours worked or paid for during the period involved irrespective of where such employee worked. The report shall list the name, hours worked or paid for, Social Security Number and Local Union Affiliation or other identification number as may be required by the Trust Funds. If no employees were employed in the period involved the report shall so state. B. To the fullest extent possible, reports and payments to the various Trust Funds and Administration Funds shall be unified. C. Reports and payments shall be made to the Trustees of the funds and shall be due and payable immediately on the completion of the established Trust Fund period. An employer shall be deemed delinquent if such reports and payments are not received within the specified time after the due date, and shall pay to the respective Trust Funds the sum of 10% of such contributions which are due for the added administrative costs of handling delinquent accounts. If any employer during any calendar year has become delinquent in mailing his/her reports and payments for more than a total of five (5) times, the delinquency charge for such delinquency shall be 20% of the contributions which are due to pay the additional administrative costs of handling such delinquent accounts. Upon authorization of the Trustees of the several Trust Funds the LMCC may waive or adjust the assessed liquidated damages listed above when, in its opinion, the circumstances which caused the delinquency justify such adjustment or waiver.

Reports and Payments. A. Employers shall be required to furnish to the respective Funds written reports, weekly, monthly, or at such other periods as may be designated by the respective Funds. Forms will be furnished employers to Employers for this purpose by the Funds and these report forms shall be completed by the employer Employer listing all hours worked or paid for during the period involved irrespective of where such employee worked. The report shall list the name, hours worked or paid for, Social Security Number Number, and Local Union Affiliation or other identification number numbers as may be required by the Trust Funds. If no employees were employed in the period involved involved, the report shall so state. B. To the fullest extent possible, reports and payments to the various Trust Funds and Administration Funds shall be unified. C. Reports and payments shall be made to the Trustees of the funds and shall be due and payable immediately on the completion of the established Trust Fund period. An employer Employer shall be deemed delinquent if such reports and payments are not received within the specified time after the due date, date and shall pay to the respective Trust Funds the sum of ten (10% %) of such contributions which are due for the added administrative costs of handling delinquent accounts. If any employer Employer during any calendar year has become delinquent in mailing his/her his reports and payments for more than a total of five (5) times, the delinquency charge for such delinquency shall be twenty (20% %) of the contributions which are due to pay the additional administrative costs of handling such delinquent accounts. Upon authorization of the Trustees of the several Trust Funds Funds, the LMCC may waive or adjust the assessed liquidated damages listed above when, in its opinion, the circumstances which caused the delinquency to justify such adjustment or waiver.

Reports and Payments. A. Employers shall be required to furnish to the respective Funds written reports, weekly, monthly, or at such other periods as may be designated by the respective Funds. Forms will be furnished employers to Employers for this purpose by the Funds and these report forms shall be completed by the employer Employer listing all hours worked or paid for during the period involved irrespective of where such employee worked. The report shall list the name, hours worked or paid for, Social Security Number and Local Union Affiliation or other identification number as may be required by the Trust Funds. If no employees were employed in the period involved involved, the report shall so state. B. To the fullest extent possible, reports and payments to the various Trust Funds and Administration Funds shall be unified. C. Reports and payments shall be made to the Trustees of the funds and shall be due and payable immediately on the completion of the established Trust Fund period. An employer Employer shall be deemed delinquent if such reports and payments are not received within the specified time after the due date, and shall pay to the respective Trust Funds the sum of 10% of such contributions which are due for the added administrative costs of handling delinquent accounts. If any employer Employer during any calendar year has become delinquent in mailing his/her his reports and payments for more than a total of five (5) times, the delinquency charge for such delinquency shall be 20% of the contributions which are due to pay the additional administrative costs of handling such delinquent accounts. Upon authorization of the Trustees of the several Trust Funds the LMCC may waive or adjust the assessed liquidated damages listed above when, in its opinion, the circumstances which caused the delinquency justify such adjustment or waiver.