Common use of E-PAYMENT Clause in Contracts

E-PAYMENT. Auditor agrees to accept all payments in United States currency via the State of Mississippi’s electronic payment and remittance vehicle. The DFA agrees to make payment in accordance with Mississippi law on “Timely Payments for Purchases by Public Bodies,” which generally provides for payment of undisputed amounts by the agency within forty-five (45) days of receipt of invoice. Mississippi Code Annotated § 31-7-301 et seq. Paymode Payments by state agencies using the State’s accounting system shall be made and remittance information provided electronically as directed by the DFA. These payments shall be deposited into the bank account of the Auditor’s choice. The DFA may, at its sole discretion, require the Auditor to electronically submit invoices and supporting documentation at any time during the term of this Contract. The Auditor understands and agrees that the State is exempt from the payment of taxes. All payments shall be in United States currency. Recovery of Money Whenever, under this Contract, any sum of money shall be recoverable from or payable by the Auditor to the Board, the same amount may be deducted from any sum due to the Auditor under the Contract or under any other Contract between the Auditor and the Board. The rights of the Board are in addition and without prejudice to any other right the Board may have to claim the amount of any loss or damage suffered by the Board on account of the acts or omissions of the Auditor .

Appears in 2 contracts

Samples: Claims and Performance Audit Contract, Medical Claims and Performance Audit Contract

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E-PAYMENT. Auditor agrees to accept all payments in United States currency via the State of Mississippi’s electronic payment and remittance vehicle. The DFA agrees to make payment in accordance with Mississippi law on “Timely Payments for Purchases by Public Bodies,” which generally provides for payment of undisputed amounts by the agency within forty-five (45) days of receipt of invoice. Mississippi Code Annotated § 31-7-301 et seq. Paymode Payments by state agencies using the State’s accounting system shall be made and remittance information provided electronically as directed by the DFA. These payments shall be deposited into the bank account of the Auditor’s choice. The DFA may, at its sole discretion, require the Auditor to electronically submit invoices and supporting documentation at any time during the term of this Contract. The Auditor understands and agrees that the State is exempt from the payment of taxes. All payments shall be in United States currency. Recovery of Money Whenever, under this the Contract, any sum of money shall be recoverable from or payable by the Auditor to the BoardDFA, the same amount may be deducted from any sum due to the Auditor under the Contract or under any other Contract between the Auditor and the Board. The rights of the Board are in addition and without prejudice to any other right the Board may have to claim the amount of any loss or damage suffered by the Board on account of the acts or omissions of the Auditor Auditor.

Appears in 1 contract

Samples: Claims and Performance Audit Contract

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E-PAYMENT. The Auditor agrees to accept all payments in United States currency via the State of Mississippi’s electronic payment and remittance vehicle. The DFA agrees to make payment in accordance with Mississippi law on “Timely Payments for Purchases by Public Bodies,” which generally provides for payment of undisputed amounts by the agency within forty-five (45) days of receipt of invoice. Mississippi Code Annotated § 31-7-301 et seq. Paymode Payments by state agencies using the State’s accounting system shall be made and remittance information provided electronically as directed by the DFA. These payments shall be deposited into the bank account of the Auditor’s choice. The DFA may, at its sole discretion, require the Auditor to electronically submit invoices and supporting documentation at any time during the term of this Contract. The Auditor understands and agrees that the State is exempt from the payment of taxes. All payments shall be in United States currency. Recovery of Money Whenever, under this the Contract, any sum of money shall be recoverable from or payable by the Auditor to the BoardDFA, the same amount may be deducted from any sum due to the Auditor under the Contract or under any other Contract between the Auditor and the Board. The rights of the Board are in addition and without prejudice to any other right the Board may have to claim the amount of any loss or damage suffered by the Board on account of the acts or omissions of the Auditor Auditor.

Appears in 1 contract

Samples: Draft Financial Audit Services Contract

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