Common use of Payment Terms and Conditions Clause in Contracts

Payment Terms and Conditions. A. The Contractor certifies that all information the Contractor has provided or will provide to MCPS is true and correct and can be relied upon by MCPS in awarding, modifying, making payments, or taking any other action with respect to the Contract including resolving disputes. Any false or misleading information is a ground for MCPS to terminate the Contract pursuant to Article 13 and/or pursue any other appropriate remedy. The Contractor certifies that the Contractor’s accounting system conforms to generally accepted accounting principles, is sufficient to comply with the Contract’s obligations, and produces reliable financial information.

Appears in 19 contracts

Samples: ww2.montgomeryschoolsmd.org, Description and General, Description and General

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