Common use of Payment of Subconsultants Clause in Contracts

Payment of Subconsultants. Within ten (10) business days of receipt of a progress payment from the County that includes dollars for work performed by subconsultants, ConsultantName shall pay subconsultants for all work satisfactorily completed. If ConsultantName fails or neglects to make payment within ten (10) business days, ConsultantName shall pay to the subconsultant interest computed at one (1) percent per month on amounts due for the period beginning on the day after the required payment date and ending on the day on which payment of the amount is made. ConsultantName shall ensure that this paragraph is included in all subconsultant contracts for Work on this project.

Appears in 6 contracts

Samples: Agreement, www.bidnet.com, www.bidnet.com

AutoNDA by SimpleDocs

Payment of Subconsultants. Within ten (10) business days of receipt of a progress payment from the County that includes dollars for work performed by subconsultants, ConsultantName shall pay such subconsultants out of such amounts as are paid by the County, for all work satisfactorily completedcompleted by the subconsultant. If ConsultantName fails or neglects to make such payment within ten (10) business days, ConsultantName shall pay to the subconsultant interest computed at one (1) percent per month on amounts due for the period beginning on the day after the required payment date and ending on the day on which payment of the amount is made. ConsultantName shall ensure that this paragraph is included in all subconsultant contracts for Work work on this project.

Appears in 2 contracts

Samples: Agreement for Professional Services, Agreement

AutoNDA by SimpleDocs

Payment of Subconsultants. Within ten (10) business days of receipt of a progress payment from the County that includes dollars for work performed by subconsultants, ConsultantName shall pay subconsultants for all work satisfactorily completed. If ConsultantName fails or neglects to make payment within ten (10) business days, ConsultantName shall pay to the subconsultant interest computed at one (1) percent per month on amounts due for the period beginning on the day after the required payment date and ending on the day on which payment of the amount is made. ConsultantName shall ensure that this paragraph is included in all subconsultant contracts for Work on this project.one

Appears in 1 contract

Samples: Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.