Common use of CONTRACTOR PAYMENT Clause in Contracts

CONTRACTOR PAYMENT. (a) Payments will be processed as per the frequency stated in the Contractor’s Pay Schedule, provided the provisions of this document have been complied with. (b) Prompt payment of accounts is conditional upon the receipt of timesheets/project reports that have been authorised by a duly authorised representative of the Client. The Contractor expressly understands the following (as per the Conduct Regulations): (i) There is no duty to make payment for hours worked, unless it has received the relevant timesheet/project report from the Contractor, specifying those hours worked, which has been verified and signed/authorised on behalf of the Contractor. (ii) The Contractor understands and accepts that the failure to provide a Client-authorised timesheet/project report will lead to a delay in payment whilst the finance team conducts investigations into the hours claimed by the Contractor, and the reasons that the Client has refused to authorise a timesheet/ project report in respect of those hours. (c) Payments will be made via direct bank transfer (normally via BACS). The Contractor is therefore under a duty to ensure that the Contractor’s correct bank account details, including branch address, sort code and account number, have been communicated following the instructions outlined in the welcome pack. Any change of bank account details must be immediately notified (failure to comply will result in payment being delayed until all monies have been recovered that were sent to the account details previously notified by the Contractor). It is not sufficient to change bank details on Contractor invoices where self-billing is not used; specific written confirmation of change is required from the Contractor.

CONTRACTOR PAYMENT. (a) Payments will be processed as per the frequency stated in the Contractor’s Pay Schedule, provided the provisions of this document have been complied with. (b) Prompt payment of accounts is conditional upon the receipt of timesheets/project reports that have been authorised by a duly authorised representative of the Client. The Contractor expressly ex- pressly understands the following (as per the Conduct Regulations):following: (i) There is no duty to make payment for hours worked, unless it has received the relevant timesheet/project report from the Contractor, specifying those hours worked, which has been verified veri- fied and signed/authorised on behalf of the Contractor. (ii) The Payment may be withheld from the Contractor understands and accepts on the basis that the failure to provide a Client-authorised timesheet/relevant timesheet/ project report has not also been verified and authorised by a duly authorised representative of the Client. The Employment Business will lead to a delay in payment whilst the finance team conducts investigations make reasonable enquiries into the hours claimed by the Contractor, Contractor and the reasons that the Client has refused to authorise a timesheet/ project report in respect of those hourshours with a view to resolving any disputes. (c) Payments will be made via direct bank transfer (normally via BACS). The Contractor is therefore there- fore under a duty to ensure that the Contractor’s correct bank account details, including branch address, sort code and account number, have been communicated following the instructions outlined out- lined in the welcome pack. Any change of bank account details must be immediately notified (failure fail- ure to comply will result in payment being delayed until all monies have been recovered that were sent to the account details previously notified by the Contractor). It is not sufficient to change bank details on Contractor invoices where self-billing is not used; specific written confirmation of change is required from the Contractor.

CONTRACTOR PAYMENT. (a) Payments will be processed as per the frequency stated in the Contractor’s Pay Schedule, provided the provisions of this document have been complied with. (b) Prompt payment of accounts is conditional upon the receipt of timesheets/project reports that have been authorised by a duly authorised representative of the Client. The Contractor expressly understands the following (as per the Conduct Regulations):following: (i) There is no duty to make payment for hours worked, unless it has received the relevant timesheet/project report from the Contractor, specifying those hours worked, which has been verified and signed/authorised on behalf of the Contractor. (ii) The Payment may be withheld from the Contractor understands and accepts on the basis that the failure to provide a Client-authorised relevant timesheet/project report has not also been verified and authorised by a duly authorised representative of the Client. The Employment Business will lead to a delay in payment whilst the finance team conducts investigations make reasonable enquiries into the hours claimed by the Contractor, Contractor and the reasons that the Client has refused to authorise a timesheet/ project report in respect of those hourshours with a view to resolving any disputes. (c) Payments will be made via direct bank transfer (normally via BACS). The Contractor is therefore under a duty to ensure that the Contractor’s correct bank account details, including branch address, sort code and account number, have been communicated following the instructions outlined in the welcome pack. Any change of bank account details must be immediately notified (failure to comply will result in payment being delayed until all monies have been recovered that were sent to the account details previously notified by the Contractor). It is not sufficient to change bank details on Contractor invoices where self-billing is not used; specific written confirmation of change is required from the Contractor.

CONTRACTOR PAYMENT. (a) Payments will be processed as per the frequency stated in the Contractor’s Pay Schedule, provided the provisions of this document have been complied with. (b) Prompt payment of accounts is conditional upon the receipt of timesheets/project reports that have been authorised by a duly authorised representative of the Client. The Contractor expressly ex- pressly understands the following (as per the Conduct Regulations):following: (i) There is no duty to make payment for hours worked, unless it has received the relevant timesheet/project report from the Contractor, specifying those hours worked, which has been verified veri- fied and signed/authorised on behalf of the Contractor. (ii) The Payment may be withheld from the Contractor understands and accepts on the basis that the failure to provide a Client-authorised timesheet/relevant timesheet/ project report has not also been verified and authorised by a duly authorised representative of the Client. The Employment Business will lead to a delay in payment whilst the finance team conducts investigations make reasonable enquiries into the hours claimed by the Contractor, Contractor and the reasons that the Client has refused to authorise a timesheet/ project report in respect of those hourshours with a view to resolving any disputes. (c) Payments will be made via direct bank transfer (normally via BACS). The Contractor is therefore under a duty to ensure that the Contractor’s correct bank account details, including branch address, sort code and account number, have been communicated following the instructions instruc- tions outlined in the welcome pack. Any change of bank account details must be immediately notified (failure to comply will result in payment being delayed until all monies have been recovered recov- ered that were sent to the account details previously notified by the Contractor). It is not sufficient to change bank details on Contractor invoices where self-billing is not used; specific written confirmation confir- mation of change is required from the Contractor.

CONTRACTOR PAYMENT. (a) Payments will be processed as per the frequency stated in the Contractor’s Pay Schedule, provided the provisions of this document have been complied with. (b) Prompt payment of accounts is conditional upon the receipt of timesheets/project reports that have been authorised by a duly authorised representative of the Client. The Contractor expressly ex- pressly understands the following (as per the Conduct Regulations):following: (i) There is no duty to make payment for hours worked, unless it has received the relevant timesheet/project report from the Contractor, specifying those hours worked, which has been verified veri- fied and signed/authorised on behalf of the Contractor. (ii) The Payment may be withheld from the Contractor understands and accepts on the basis that the failure to provide a Client-authorised timesheet/relevant timesheet/ project report has not also been verified and authorised by a duly authorised representative of the Client. The Employment Business will lead to a delay in payment whilst the finance team conducts investigations make reasonable enquiries into the hours claimed by the Contractor, Contractor and the reasons that the Client has refused to authorise a timesheet/ project report in respect of those hourshours with a view to resolving any disputes. (c) Payments will be made via direct bank transfer (normally via BACS). The Contractor is therefore under a duty to ensure that the Contractor’s correct bank account details, including branch address, sort code and account number, have been communicated following the instructions instruc- tions outlined in the welcome pack. Any change of bank account details must be immediately notified no- tified (failure to comply will result in payment being delayed until all monies have been recovered that were sent to the account details previously notified by the Contractor). It is not sufficient to change bank details on Contractor invoices where self-billing is not used; specific written confirmation confirma- tion of change is required from the Contractor.