Common use of Interim Invoice Clause in Contracts

Interim Invoice. Costs In respect of any council the approved estimated costs forecast to be incurred in respect of any Work Package approved by the Strategic Project Board during the current Invoice Period Total Estimated Costs In respect of any council for any Invoice Period the aggregate of the Expected Costs and the Interim Invoice Costs Retrospective Adjustment In any Invoice Period, the difference between the Total Estimated Costs and the Outturn Costs expressed as a positive number where the Outturn Costs exceed the Total Estimated Costs and as a negative number where the Total Estimated Costs exceed the Outturn Costs Retrospective Adjustment Notice A notice setting out the amount of the proposed Retrospective Adjustment for an Invoice Period supported by a reconciliation of the Total Estimated Costs against the Outturn Costs for the Invoice Period.

Appears in 2 contracts

Sources: Planning Performance Agreement, Planning Performance Agreement