CONTRACTOR PAYMENT SCHEDULE Clause Samples

The Contractor Payment Schedule clause defines the timing and method by which a contractor will receive payments for their work under the contract. Typically, this clause outlines specific milestones, deliverables, or time intervals that trigger payments, such as upon completion of certain project phases or after monthly progress reports. By clearly establishing when and how payments are made, this clause helps manage cash flow for the contractor and ensures transparency and predictability for both parties, reducing the risk of disputes over payment timing.
CONTRACTOR PAYMENT SCHEDULE. For performance of the instructor services provided hereunder, City agrees to pay Contractor a negotiated rate for services rendered. The rate shall be $ 35.00 per (check one of the following): • Class X • Week • Month • Session • Season • Other (please specify) City will pay Contractor on the following dates: • Monthly • N/A
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CONTRACTOR PAYMENT SCHEDULE. The Contractor shall submit a Payment Schedule for all firm fixed‐price (FFP) work proposed for a 12‐month period. This schedule shall break down the annual FFP cost of the work proposed by the month in which the work is planned to be performed.
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CONTRACTOR PAYMENT SCHEDULE. Contractor shall invoice the Department for project fees payable to OHSU within one week of receipt of invoice from OHSU. Contractor shall also include the invoice received from OHSU for Department’s review. Department shall make payments for approved invoices within 30 days of receipt.
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CONTRACTOR PAYMENT SCHEDULE. (a) The payments pursuant to the Agreement shall not exceed $4,991,625.00. (b) Monthly invoices shall be in the amount of $110,925.00, unless required to be adjusted to account for any penalties, special projects, or other one-time expenses. (c) Contractor shall submit monthly detailed invoice for payment to: ▇▇▇▇▇ ▇▇▇▇▇▇ Program Administration Manager State of Connecticut Department of Social Services ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇ Hartford, CT 06105 By email: ▇▇▇▇▇.▇▇▇▇▇▇@▇▇.▇▇▇ (d) Contractor shall submit quarterly budget reports in addition to a yearly summary budget report for each year of the contract to include the following information: i. Summary of all invoices submitted for payment by month; ii. Amount and type of work performed within the reporting period, and iii. Itemization of any cost overruns.
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Related to CONTRACTOR PAYMENT SCHEDULE

  • Payment Schedule The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated timber volumes by the prices given in Section 44 less the amount of the project work. Cash bid deposits shall be applied to the initial payment. Subsequent payments shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated bid value less the initial payment by 9; with the total estimated bid value being the sum obtained by multiplying the estimated timber volumes by the prices given in Section 44 less the amount of the project work. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

  • Contract Schedule The information set forth in the Contract Schedule is true and correct.

  • Shift Schedule The words "shift schedule" when used in this Agreement shall mean a timetable of the shifts and off days assigned to a position or group of positions which commences at the beginning of a pay period and includes one complete rotation of said shifts.

  • Prompt Payment Schedule Except as otherwise provided by law or regulation or in Sections 504.4 and 504.5 of this Exhibit, the Date of Payment by NYSERDA of an amount properly due and owing under this Agreement shall be no later than thirty (30) calendar days, excluding legal holidays, after Receipt of a Proper Invoice.

  • DISTRIBUTION OF CONTRACTOR PRICE LIST AND CONTRACT APPENDICES Contractor shall provide Authorized Users with electronic copies of the Contract, including price lists and Appendices, upon request. Contract Updates will be handled as provided in Appendix C – Contract Modification Procedures.