Billing Information Procedure Clause Samples
The Billing Information Procedure clause outlines the process by which billing details are collected, maintained, and communicated between parties. Typically, it specifies the required information such as names, addresses, and payment methods, and may set deadlines for providing or updating this data. By establishing a clear procedure, this clause helps prevent billing errors and disputes, ensuring that invoices are sent to the correct recipient and payments are processed efficiently.
Billing Information Procedure. Payments due to QESP under this Section 3 shall be calculated each year in the following manner:
(i) By the day after receipt, Department shall provide QESP with copies of all energy bills for the Project Site(s) which it shall have received for the preceding month;
(ii) Upon receipt of the required information, QESP shall calculate the savings in accordance with the agreed-upon calculation formulae in Schedule C (Savings Measurement and Verification Plan; Post-Retrofit M&V Plan; Annual M&V Reporting Requirements).
(iii) Based upon paragraphs (i) and (ii) above, QESP shall prepare and send to Department an annual invoice which shall set forth for each year the amounts of the Energy Cost Savings calculated in accordance with Schedule C (Savings Measurement and Verification Plan; Post-Retrofit M&V Plan; Annual M&V Report Requirements) and for the services as provided for in Schedule J (Compensation to QESP for Annual Services). The invoice will set forth the total annual payment due from Department.
Billing Information Procedure. A. Payments due to Contractor shall be calculated each month of the construction period/Interim Period in the following manner:
i) By the 30th day after receipt, Agency shall pay Contractor the amounts invoice as supported by the schedule of values and inspections of equipment purchased, stored, and installed.
Billing Information Procedure. Section 3.5. Payment Section 3.6. Effective Date of Payment Obligation Section 3.7. Open Book Pricing
Billing Information Procedure. (i) By the 30th day after receipt, Agency shall provide ESCO with copies of all information required as per Exhibits A, B and C for the Premises, which it shall have received for the preceding month;
(ii) Upon receipt of the required information, ESCO shall calculate the savings in accordance with the agreed- upon calculation formulae in Exhibits A, B, C and D.
(iii) Agency shall pay ESCO within thirty (30) days of receipt of ▇▇▇▇'▇ invoice. Failure will result in a cancelation of all guarantee obligations
Billing Information Procedure. Payments due to ▇▇▇ will be calculated each month and paid in accordance with the Compensation Schedule.
Billing Information Procedure. Overview: Establish the frequency of invoices and the time period for these steps: a) The Owner provides the utility bills to the ESCO, b) the ESCO calculates savings per agreed verification protocol, c) the ESCO invoices the Owner and d) the Owner makes payment. Tips: Structure the payments to suit the needs of the Owner. Determine the time for each step and set-up a process to provide utility bills and respond in a timely manner. The billing schedule for on-going ESCO services can be set up on a monthly or quarterly basis. Payments due to ESCO under this Section 3 shall be calculated each ______________in the following manner: By the _____________ day after receipt, Owner shall provide ESCO with copies of all energy bills for the Project Site(s) which it shall have received for the preceding month; Upon receipt of the required information, ESCO shall calculate the savings in accordance with the agreed-upon calculation formulae in Schedule C (Savings Measurement and Verification Plan; Post-Retrofit M&V Plan; Annual M&V Reporting Requirements). Based upon paragraphs (i) and (ii) above, ESCO shall prepare and send to Owner a _____________invoice which shall set forth for each__________ the amounts of the energy and operations dollar savings calculated in accordance with Schedule C (Savings Measurement and Verification Plan; Post-Retrofit M&V Plan; Annual M&V Report Requirements) and for the services as provided for in Schedule J (Compensation to ESCO for Annual Services). The invoice will set forth the total _______payment due from Owner.
Billing Information Procedure. Payments due to ESCO under Schedule D (ESCO Compensation and Payment Schedule) and Schedule Q (ECM Service Responsibilities) shall be calculated each ____ in the following manner: By the ___ day after receipt, the School District shall provide ESCO with copies of all information required as per Schedule E (Baseline Energy Consumption; Baseline Adjustments). Upon receipt of the required information, ESCO shall calculate the savings in accordance with Schedule E (Baseline Energy Consumption; Baseline Adjustments) and Schedule F (Measurement and Verification). Based upon paragraphs (a) and (b) above, ESCO shall prepare and send to the School District an invoice which shall set forth for each _____ the amounts of the energy operations dollar savings calculated in accordance with Schedule E (Baseline Energy Consumption; Baseline Adjustments) and Schedule F (Measurement and Verification). The invoice shall set forth the total ___ payment due form the School District.
Billing Information Procedure. Payments due to ESCO shall be calculated each month and paid in accordance with Schedule D.
Billing Information Procedure. Payments due to the ESCO shall be calculated each month. The Customer shall cause monthly payments to be made to the ESCO for the value, proportionate to the amount of the allowable costs, of all work completed or materials delivered during the preceding calendar month. Ten percent (10%) of the cost of the above amount will be retained and paid upon satisfactory completion of the energy conservation measures. Pay requests shall be prepared and submitted using standard American Institute of Architects (AIA) documents.
Billing Information Procedure. Payments due to ESCO under this Section 4 shall be calculated each <billing period, months, days, etc.> in the following manner:
i. By the <number> day after receipt, Customer shall provide ESCO with copies of all energy bills for the Premises which it shall have received for the preceding month;
ii. Upon receipt of the required information, ESCO shall calculate the savings in accordance with the agreed-upon calculation formulae in Schedule F (Savings Calculation Formulae; Methodology to Adjust Baseline).
iii. Based upon paragraphs i. and ii. , above, ESCO shall prepare and send to Customer a <billing period> invoice which shall set forth for each <billing period> the amounts of energy and <EUR> savings calculated in accordance with Schedule F (Savings Calculation Formulae; Methodology to Adjust Baseline). The invoice will set forth the total <billing period> payment due from Customer.