Common use of Payment and Billing Clause in Contracts

Payment and Billing. Section 1. BWS shall bill MCWD xxxx x xonth. Payment will be made within twenty (20) working days after receipt of the required correct and complete documents, including among others the hourly log data on flow rate, LSI, pressure, total volume, and water quality test results. Any payment made hereunder shall be inclusive of all applicable taxes and net of all penalties imposable on BWS. In the event that MCWD fails to accept the volume of water delivered in accordance with the terms set herein under Article III Section 2, without any justifiable reason, MCWD shall be liable for penalty in the form of liquidated damages for any delay in the commencement of water supply (Day One of Delivery) computed as follows: Total Contract Price of Year 1 = 10,000 cu. m. per day x

Appears in 2 contracts

Samples: www.mcwd.gov.ph, www.mcwd.gov.ph

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Payment and Billing. Section 1. BWS shall bill MCWD xxxx x xonth. Payment will be made within twenty (20) working days after receipt of the required correct and complete documents, including among others the hourly log data on flow rate, LSI, pressure, total volume, and water quality test results. Any payment made hereunder shall be inclusive of all applicable taxes and net of all penalties imposable on BWS. In the event that MCWD fails to accept the volume of water delivered in accordance with the terms set herein under Article III Section 2, without any justifiable reason, MCWD shall be liable for penalty in the form of liquidated damages for any delay in the commencement of water supply (Day One of Delivery) computed as follows: Total Contract Price of Year 1 = 10,000 cu. m. per day x:

Appears in 1 contract

Samples: www.mcwd.gov.ph

Payment and Billing. Section 1. BWS shall bill MCWD xxxx x xonthonce a moxxx. Payment Xxxxent will be made within twenty (20) working days after receipt of the required correct and complete documents, including among others the hourly log data on monthly delivery log, flow rate, LSI, pressure, total volume, turbidity, residual chlorine, and other water quality test results. Any payment made hereunder shall be inclusive of all applicable taxes and net of all penalties imposable on BWS. In the event that MCWD fails to accept the volume of water delivered in deliveredin accordance with the terms set herein under Article III Section 2, without any justifiable reason, MCWD shall be liable for penalty in the form of liquidated damages for any delay in the commencement of water supply (Day One of Delivery) computed as follows: Total Contract Price of Year 1 = 10,000 cu. m. per day x136, 875,000 cu.m x contract price per

Appears in 1 contract

Samples: www.mcwd.gov.ph

Payment and Billing. Section 1. BWS shall bill MCWD xxxx x xonth. Payment will be made within twenty (20) working days after receipt of the required correct and complete documents, including among others the hourly log data on flow rate, LSI, pressure, total volume, and water quality test results. Any payment made hereunder shall be inclusive of all applicable taxes and net of all penalties imposable on BWS. In the event that MCWD fails to accept the volume of water delivered in accordance with the terms set herein under Article III Section 2, without any justifiable reason, MCWD shall be liable for penalty in the form of liquidated damages for any delay in the commencement of water supply (Day One of Delivery) computed as follows: Total Contract Price of Year 1 = 10,000 2,000 cu. m. per day xx contract price per

Appears in 1 contract

Samples: www.mcwd.gov.ph

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Payment and Billing. Section 1. BWS shall bill MCWD xxxx x xonth. Payment will be made within twenty (20) working days after receipt of the required correct and complete documents, including among others the hourly log data on flow rate, LSI, pressure, total volume, and water quality test results. Any payment made hereunder shall be inclusive of all applicable taxes and net of all penalties imposable on BWS. In the event that MCWD fails to accept the volume of water delivered in accordance with the terms set herein under Article III Section 2, without any justifiable reason, MCWD shall be liable for penalty in the form of liquidated damages for any delay in the commencement of water supply (Day One of Delivery) computed as follows: Total Contract Price of Year 1 = 10,000 cu. m. per day x:

Appears in 1 contract

Samples: www.mcwd.gov.ph

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