FINAL PAYMENT AND CLAIMS Sample Clauses

FINAL PAYMENT AND CLAIMS. If the Contractor files a timely written statement of claims in response to the proposed final estimate, the County will submit a claim position letter to the Contractor by hand delivery or deposit in the U.S. mail. The claim position letter will delineate the County's position on the Contractor's claims. If the Contractor disagrees with the claim position letter, the Contractor shall submit a written notification of its disagreement to be received by the County not later than 15 calendar days after the Contractor's receipt of the claim position letter. The written notification of disagreement shall set forth the basis for the Contractor's disagreement and be submitted to the office designated in the claim position letter. The Contractor's failure to provide a timely, written notification of disagreement shall constitute the Contractor's acceptance and agreement with the determinations provided in the claim position letter and with final payment pursuant to the claim position letter. If the Contractor files a timely notification of disagreement with the County claim position letter, the County Director of Public Works or a board of review appointed by the County Director of Public Works shall review claims that remain in dispute and may meet with the Contractor within 45 calendar days after receipt by the County of the notification of disagreement. Attendance by the Contractor at the County meeting concerning the notification of disagreement shall be mandatory. If the County fails to submit a claim position letter to the Contractor within 135 calendar days after the acceptance of the contract and the Contractor has claims that remain in dispute, the Contractor may request a meeting with the County Director of Public Works or a board of review appointed by the County Director of Public Works to review claims that remain in dispute. The Contractor's request for a meeting shall identify the claims that remain in dispute. If the Contractor files a request for a meeting, the County Director of Public Works or a board of review appointed by the County Director of Public Works will meet with the Contractor within 45 calendar days after the County receives the request for the meeting. Attendance by the Contractor at this review meeting shall be mandatory. Failure of the Contractor to file a timely written statement of claims in response to the proposed final estimate, or to file a timely notification of disagreement with the County’s claim position letter, or to a...
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FINAL PAYMENT AND CLAIMS. THE ENTIRE SUBSECTION IS CHANGED TO:
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FINAL PAYMENT AND CLAIMS. After acceptance by the BOARD, ENGINEER will prepare a proposed final estimate, in writing, of the total amount payable to CONTRACTOR. This final estimate will include an itemization of the final Contract amount, segregated as to Contract item quantities, Change Order Work and any other basis for payment. It will show therein all deductions made or to be made, for prior payments, and amounts to be kept or retained under the provisions of the Contract. All prior estimates and payments shall be subject to correction in the proposed final estimate. The COUNTY shall file a Notice of Completion with the County Recorder's Office after acceptance of the Contract. Within 30 days after recordation of the Notice of Completion, CONTRACTOR shall submit to the ENGINEER written approval of said proposed final estimate or a written statement of all claims arising under or by virtue of the Contract. No claim will be considered that was not included in said written statement of claims, nor will any claim be allowed for which a notice or protest is required by the provisions in Section 4-3, "Changes," 9-4, "Time of Completion," 9-5, "Liquidated Damages," and 10-5, "Notice of Potential Claim," unless CONTRACTOR has complied with the Notice of Protest requirements in said Section. Upon CONTRACTOR's approval, or failure to file a claim within said period of 30 days, the proposed final estimate submitted to the CONTRACTOR shall become the final estimate, and within 30 days thereafter, the COUNTY will pay the entire sum so found to be due. Such final estimate and payment thereon shall be conclusive and binding against both parties to the Contract, on all questions relating to the amount of Work done and the compensation payable therefor, except as otherwise provided in Sections 10-4-2, "Records," and 10-10, "Clerical Errors." If CONTRACTOR within said period of 30 days files claims, the COUNTY shall make payment based on the proposed final estimate, pending final determination by the ENGINEER, regarding said claims as provided in this Section 10-9. The claims filed by CONTRACTOR shall be in sufficient detail to enable the ENGINEER to ascertain the basis and amount of said claims. The ENGINEER will consider and determine CONTRACTOR's claims. CONTRACTOR must furnish within a reasonable time such further information and details as may be required, by the ENGINEER, to determine the facts or contentions involved in the claims. Failure to submit such information and details will be su...
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Related to FINAL PAYMENT AND CLAIMS

  • Final Payment All items or Automated Clearing House (ACH) transfers credited to your account are provisional until we receive final payment. If final payment is not received, we may charge your account for the amount of such items or ACH transfers and impose a return item charge on your account. Any collection fees we incur may be charged to your account. We reserve the right to refuse or return any item or funds transfer.

  • FINAL PAYMENT AND CLOSE-OUT A. If a DBE/MBE/WBE Program Plan is agreed to and the Contractor has identified Subcontractors, the Contractor is required to submit a Contract Close-Out MBE/WBE Compliance Report to the Purchasing Manager no later than the 15th calendar day after completion of all work under the contract. Final payment, retainage, or both may be withheld if the Contractor is not in compliance with the requirements as accepted by the City.

  • Payment Claims Subject to clause 11.3, the Contractor must give the PDS Contractor claims for payment on account of the Contract Price and all other amounts then payable by the Commonwealth to the Contractor under the Contract: at the times specified in the Contract Particulars until Completion or termination of the Contract (whichever is earlier); unless terminated earlier: after Completion, within 28 days (or such longer period agreed in writing by the PDS Contractor) after the issue of a Completion certificate under clause 13.1; and after the Defects Liability Period, within the time required by clause 11.9; in the format set out in the Schedule of Collateral Documents or in any other format which the PDS Contractor reasonably requires; which are based on the Table of Variation Rates and Prices or the Schedule of Rates to the extent these are relevant; which show separately the amounts (if any) claimed on account of the: Contract Price; and all other amounts then payable by the Commonwealth to the Contractor under the Contract; and which set out or attach sufficient details, calculations, supporting documentation and other information in respect of all amounts claimed by the Contractor: to enable the PDS Contractor to fully and accurately determine (without needing to refer to any other documentation or information) the amounts then payable by the Commonwealth to the Contractor under the Contract; and including any such documentation or information which the PDS Contractor may by written notice from time to time require the Contractor to set out or attach, whether in relation to a specific payment claim or all payment claims generally.

  • C2 Payment and VAT C2.1 The Authority shall pay all sums due to the Contractor within thirty (30) days of receipt of a valid invoice, submitted Monthly in arrears.

  • Litigation and Claims No litigation, claim, investigation, administrative proceeding or similar action (including those for unpaid taxes) against Borrower is pending or threatened, and no other event has occurred which may materially adversely affect Borrower’s financial condition or properties, other than litigation, claims, or other events, if any, that have been disclosed to and acknowledged by Lender in writing.

  • PAYMENT AND CHARGES Details of all current fees and charges referred to in this section are stated in the Service and Price guide published by the Bank, copies of which are available on request. These Charges may be amended from time to time with 10 days prior notice to the Cardholder. Notice would be given through statement messages, website and/or notices published at our branches.

  • Payment of Claims A. If advance payment of all or a portion of the Grant funds is permitted by statute or regulation, and the State agrees to provide such advance payment, advance payment shall be made only upon submission of a proper claim setting out the intended purposes of those funds. After such funds have been expended, Grantee shall provide State with a reconciliation of those expenditures. Otherwise, all payments shall be made thirty five (35) days in arrears in conformance with State fiscal policies and procedures. As required by IC § 4-13-2-14.8, all payments will be by the direct deposit by electronic funds transfer to the financial institution designated by the Grantee in writing unless a specific waiver has been obtained from the Indiana Auditor of State.

  • Claims Payment The Reinsurer will be liable to the Company for its share of the benefits owed under the express contractual terms of the Reinsured Policies and as specified under the terms of this Agreement. The Reinsurer will not participate in any ex gratia payments made by the Company (i.e., payments the Company is not required to make under the Reinsured Policy terms.) The payment of death benefits by the Reinsurer will be in one lump sum regardless of the mode of settlement under the Reinsured Policy. Benefit payments from the Reinsurer will be due within 30 days of the claim satisfying the requirements established under this Agreement. The Reinsurer’s share of any interest payable under the terms of a Reinsured Policy or applicable law which is based on the death benefits paid by the Company, will be payable provided that the Reinsurer will not be liable for interest accruing on or after the date of the Company’s payment of benefits. The Reinsurer will make payment to the Company for each such claim. For Waiver of Premium claims, the Company will continue to pay premiums for reinsurance, except premiums for disability reinsurance. The Reinsurer will pay its proportionate share of the gross premium waived by the Company on the Reinsured Policy, including its share of the premiums for benefits that remain in effect during disability. For claims on Accelerated Benefit riders reinsured under this Agreement, the benefit amount payable by the Reinsurer will be calculated by multiplying the total accelerated death benefit rider payout by the ratio of the reinsured Net Amount at Risk, as defined in Exhibit C-1, to the face amount of the Reinsured Policy.

  • Payment and Contract Price C1 Contract Price

  • Payment and VAT C2.1 The Contractor shall submit a Valid Invoice to the Authority at the periods specified by the Authority in the Pricing Schedule. A Valid Invoice must contain the reference number of the relevant Purchase Order.

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