Payment Request Process Clause Samples

Payment Request Process. The SUBRECIPIENT may submit a payment request up to 30 days prior to an anticipated expenditure or disbursement. The SUBRECIPIENT must be able to account for the receipt, obligation, and expenditure of funds. If interest is earned, the SUBRECIPIENT agrees to comply with the federal requirements from 2 CFR, Part 200, Subpart D, Section 200.305. The SUBRECIPIENT may keep interest earned on Federal grant funds up to $500 per fiscal year. This maximum limit is not per subaward; it is inclusive of all interest earned as a result of all federal grant program funds received per year. Subrecipients are required to report all interest earned at least quarterly to HSEMD. HSEMD will provide instructions to the SUBRECIPIENT for the disposition of reported interest earned. Payments to subrecipients are based on eligible expenditures that are specifically related to the approved subaward budget and scope of work. The SUBRECIPIENT has two options available to them when requesting payments from HSEMD. Subrecipients can request Reimbursement for allowable expenditures already paid, or request an Advance for expenditures to be paid within 30 days. Payments shall be limited to the documented cash requirements submitted by the SUBRECIPIENT. The SUBRECIPIENT must submit a completed Payment Request Form and provide supporting documentation of eligible subaward costs to receive payment of funds. • Reimbursement requests must include payment verification (i.e. paid invoices, receipts, payroll records with personnel activity reports, cancelled checks, general ledger print outs, etc.). HSEMD reserves the right to request that the SUBRECIPIENT submit additional expenditure documentation upon request. • Advance payment requests must include the detailed costs the SUBRECIPIENT is obligated to pay (i.e. invoices, accepted quotes, executed contracts, or other documents). Payment verification documents (same documents required for a Reimbursement request) for the advance must be submitted to HSEMD within 30 days after the advance, and before future advances are made. If the SUBRECIPIENT is unable to demonstrate; the willingness to maintain written procedures that minimize the time elapsing between the transfer of funds and disbursement by HSEMD; a financial management system that meets the standards for fund control and accountability as established in 2 CFR, Part 200; or is considered a High Risk subrecipient; then reimbursement requests will be required. No more than thirty (30) days s...
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Payment Request Process. The CONTRACTOR must submit a timely and accurate payment request in accordance with this Contract that includes a completed and signed Worksystems Microsoft Excel billing workbook that reports expenditures by the Service Groups and Line Items; any required supporting documentation, and a CONTRACTOR invoice requesting reimbursement. Additionally, the updated Worksystems Billing Workbook must also be submitted electronically to the Worksystems Administrative Contact (▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) at the time of the payment request. Upon receipt of the CONTRACTOR’S formal payment request with the required documentation, Worksystems will review the request for accuracy and compliance with the Contract Agreement and will issue payment within 30 days of approval. CONTRACTOR shall minimize the time elapsing between receipt of funds from this Agreement and the disbursement of these funds in order to maintain a minimum cash balance. Interest earned shall be accounted for as program income. This treatment of interest does not allow the CONTRACTOR to ignore the requirements or intent of these cash management requirements. Payment shall not be construed as a waiver of Worksystems’ right to challenge CONTRACTOR’s performance under this Agreement and to seek appropriate legal remedies.
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Payment Request Process. The CONTRACTOR must submit a timely and accurate payment request that includes a completed and signed Worksystems Billing Workbook that reports expenditures by the Service Groups and Line Items; any required supporting documentation, and a CONTRACTOR invoice requesting reimbursement. Additionally, the updated Worksystems Billing Workbook must also be submitted electronically to the Worksystems Administrative Contact (▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) at the time of the payment request. Upon receipt of the CONTRACTOR’S formal payment request with the required documentation, Worksystems will review the request for accuracy and compliance with the Contract Agreement and will issue payment within 30 days of approval. CONTRACTOR shall minimize the time elapsing between receipt of funds from this Agreement and the disbursement of these funds in order to maintain a minimum cash balance. Interest earned shall be accounted for as program income. This treatment of interest does not allow the CONTRACTOR to ignore the requirements or intent of these cash management requirements. Payment shall not be construed as a waiver of Worksystems’ right to challenge CONTRACTOR’s performance under this Agreement and to seek appropriate legal remedies.
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Payment Request Process. The CONTRACTOR must submit a formal payment request that includes a completed and signed WSI Billing Workbook that reports expenditures by the Service Groups and Line Items; any required supporting documentation, and a CONTRACTOR invoice requesting reimbursement. Additionally, the updated WSI Billing Workbook must also be submitted electronically to the WSI Administrative Contact (▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) at the time of the payment request. Upon receipt of the CONTRACTOR’S formal payment request with the required documentation, WSI will review the request for accuracy and compliance with the Contract Agreement and will issue payment within 30 days of approval. CONTRACTOR shall minimize the time elapsing between receipt of funds from this Agreement and the disbursement of these funds in order to maintain a minimum cash balance. Interest earned shall be accounted for as program income. This treatment of interest does not allow the CONTRACTOR to ignore the requirements or intent of these cash management requirements. Payment shall not be construed as a waiver of WSI’s right to challenge CONTRACTOR’s performance under this Agreement and to seek appropriate legal remedies.
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Payment Request Process. This section provides details of the Payment Request process. This includes the requirements for receiving payments, when Payment Requests need to be made, amounts received and payment deadlines against Anticipated Points of Expenditure. Please read this section carefully before moving onto the step-by-step Payment Request process. You must ensure you are familiar with your points of expenditure and that you make your payment request in time to ensure mobilities are not affected. Processing of payments can take up to 60 days.
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Payment Request Process. 2.1 COUNTY shall reimburse CITY for services after submission of a valid reimbursement request by CITY. A valid reimbursement request shall consist of all supporting documentation as deemed necessary by COUNTY. Reimbursement is contingent upon COUNTY’s receipt of a complete reimbursement claim, inclusive of supporting documentation and/or documents as requested and/or required by COUNTY. COUNTY will not reimburse costs incurred above or beyond the Agreement amount. 2.2 Said reimbursement to CITY shall be in accordance with periodic payment request invoices, and other supporting documentation submitted to COUNTY by CITY. Supporting documentation will be in the form of copies of original invoices, receipts, purchase orders, bids, certificates, equipment inventory tracking sheets, packing slips, copies of receipts, proof of payment or bank statements, and payroll registers and time sheets that document overtime and/or backfill costs incurred for participation in any CHOG sponsored training or exercise. CITY is eligible for participation in any of the training/exercises outlined in Exhibit A. 2.3 Each invoice shall contain a minimum of the following information: agency name, agreement number (EM-18-100), remittance address, summary of hours (names, ranks, dates, hours, salary, and benefits) for all staff participating in a CHOG approved training or exercise, and additional supporting documentation as described in section 2.2 above. 2.4 CITY shall ensure that grant funds are only used for allowable, fair, and reasonable costs. 2.5 CITY shall ensure that said goods or services performed, prior to procurement, are 2.6 CITY shall promptly return to COUNTY all funds received which exceed expenditures per the approved Spending Plan as identified in this Agreement. Additionally, failure to spend awarded funds within the performance period will result in revocation and reallocation of the grant award. 2.7 The original invoice and supporting documentation will be sent to:
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Payment Request Process. CONTRACTOR must submit a timely and accurate payment request by submitting an invoice to WWP. Invoices and any requested supporting documentation must be e-mailed to WWP at ▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇.▇▇▇ Upon receipt of CONTRACTOR’s payment request with any required documentation, WWP will review the request for accuracy and compliance with the Contract Agreement and will issue payment within 30 days of approval. Payment shall not be construed as a waiver of WWP’s right to challenge CONTRACTOR’s performance under this Agreement and to seek appropriate legal remedies.
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Payment Request Process. This section provides details of the Payment Request process. This includes the requirements for receiving payments, when Payment Requests need to be made, amounts received and payment deadlines against Anticipated Points of Expenditure. Please read this section carefully before moving onto the step-by-step Payment Request process.
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Payment Request Process. CONTRACTOR must submit a timely and accurate payment request by submitting a completed Report of Expenditures using the workbook provided by WWP. Report of Expenditures and any requested supporting documentation must be e-mailed to WWP at ▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇.▇▇▇ Upon receipt of CONTRACTOR’s payment request with any required documentation, WWP will review the request for accuracy and compliance with the Contract Agreement and will issue payment within 30 days of approval. CONTRACTOR shall minimize the time elapsing between receipt of funds from this Agreement and the disbursement of these funds in order to maintain a minimum cash balance. Payment shall not be construed as a waiver of WWP’s right to challenge CONTRACTOR’s performance under this Agreement and to seek appropriate legal remedies.
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Related to Payment Request Process

  • Payment Request The Contractor shall ensure a payment request includes documentation appropriate to the type of payment request in accordance with the payment clause, contract financing clause, or Federal Acquisition Regulation 52.216-7, Allowable Cost and Payment, as applicable.

  • Payment Requests Review applications for payment with Contractor for compliance with the established procedure for their submission and forward with recommendations to Engineer, noting particularly the relationship of the payment requested to the schedule of values, Work completed, and materials and equipment delivered at the Site but not incorporated in the Work.

  • Payment Process Subject to the terms and conditions established by the Agreement, the pricing per deliverable established by the Grant Work Plan, and the billing procedures established by Department, Department agrees to pay Grantee for services rendered in accordance with Section 215.422, Florida Statutes (F.S.).

  • Disbursement Requests Except as expressly provided in the Credit Agreement, Administrative Agent must receive Disbursement Requests in writing. Disbursement Requests will only be accepted from the applicable Authorized Representatives designated in the Disbursement Instruction Agreement. Disbursement Requests will be processed subject to satisfactory completion of Administrative Agent’s customer verification procedures. Administrative Agent is only responsible for making a good faith effort to execute each Disbursement Request and may use agents of its choice to execute Disbursement Requests. Funds disbursed pursuant to a Disbursement Request may be transmitted directly to the Receiving Bank, or indirectly to the Receiving Bank through another bank, government agency, or other third party that Administrative Agent considers to be reasonable. Administrative Agent will, in its sole discretion, determine the funds transfer system and the means by which each Disbursement will be made. Administrative Agent may delay or refuse to accept a Disbursement Request if the Disbursement would: (i) violate the terms of this Agreement; (ii) require use of a bank unacceptable to Administrative Agent or Lenders or prohibited by government authority; (iii) cause Administrative Agent or Lenders to violate any Federal Reserve or other regulatory risk control program or guideline; or (iv) otherwise cause Administrative Agent or Lenders to violate any applicable law or regulation.

  • Stop Payment Request You may ask the Credit Union to stop payment on any check drawn upon or ACH debit scheduled from your checking account. You may request a stop payment by telephone, by mail, or in person. For checks, the stop payment will be effective if the Credit Union receives the order in time for the Credit Union to act upon the order. For ACH debits, the stop payment order must be received at least three (3) banking days before the scheduled date of the transfer. You must state the number of the account, date, and the exact amount of the check or item and the number of the check or originator of the ACH debit. If you give the Credit Union incorrect or incomplete information, the Credit Union will not be responsible for failing to stop payment on the item. If the stop payment order is not received in time for the Credit Union to act upon the order, the Credit Union will not be liable to you or to any other party for payment of the item. If we recredit your account after paying a check over a valid and timely stop payment order, you agree to sign a statement describing the dispute with the payee, to transfer all of your rights against the payee or other holders of the check to the Credit Union, and to assist the Credit Union in legal action taken against the person.