Common use of Payment to Other Parties Clause in Contracts

Payment to Other Parties. The Supplier shall ensure, pursuant to Regulation 113(2)(c) of the Public Contracts Regulations 2015, that any subcontract awarded by the Supplier contains suitable provisions to impose, as between the parties to the subcontract , requirements that : B4-10-1 any payment due from the Supplier to the subcontract or under the subcontract is to be made no later than the end of a period of 30 days from the date on which the relevant invoice is regarded as valid and undisputed; B4-10-2 any invoices for payment submitted by the subcontract or are considered and verified by the Supplier in a timely fashion and that undue delay in doing so is not to be sufficient justification for failing to regard an invoice as valid and undisputed; ; and B4-10-3 any subcontract or will include, in any subcontract which it in turn awards, suitable provisions to impose, as between the parties to that subcontract , requirements to the same effect as those imposed in paragraphs B4-10- 1,B4-10-2 and B4-10-3 of this Clause B4-10, subject to suitable amendment to reflect the identities of the relevant parties.

Appears in 4 contracts

Samples: www.contractsfinder.service.gov.uk, www.contractsfinder.service.gov.uk, www.contractsfinder.service.gov.uk

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