Common use of Timely submission of a CAP Clause in Contracts

Timely submission of a CAP. Failure to timely submit a CAP within ten (10) business days after notification of a deficiency by the AAAPP will result in a 2% reduction of payment per business day the CAP is not received. The reduction of payment will begin with the subsequent invoice received from the Sub-Recipient and shall be prorated for each day the CAP was late following the due date specified by the AAAPP and shall remain in effect until the Sub-Recipient complies with the submission requirement.

Timely submission of a CAP. Failure to timely submit a CAP within ten (10) 10 business days after notification of a deficiency by the AAAPP will result in a 2% reduction of payment per business day the CAP is not received. The reduction of payment will begin the first business day following the AAAPP’s notification to the Contractor that the identified deficiency was not cured or satisfactorily addressed in accordance with the subsequent invoice received from the Sub-Recipient and shall be prorated for each day the CAP was late following the due date specified by the AAAPP and shall remain approved CAP, referenced in effect until the Sub-Recipient complies with the submission requirement.Section III. H.

Timely submission of a CAP. Failure to timely submit a CAP within ten (10) 10 business days after notification of a deficiency by the AAAPP will result in a two percent (2% %) reduction of payment per business day the CAP is not received. The reduction of payment will begin the first business day following the AAAPP’s notification to the vendor that the identified deficiency was not cured or satisfactorily addressed in accordance with the subsequent invoice received from the Sub-Recipient and shall be prorated for each day the CAP was late following the due date specified by the AAAPP and shall remain in effect until the Sub-Recipient complies with the submission requirementapproved CAP.

Timely submission of a CAP. Failure to timely submit a CAP within ten (10) business days after notification of a deficiency by the AAAPP will result in a 2% reduction of payment per business day the CAP is not insot received. The reduction of payment will begin with the subsequent invoice received from the Sub-Recipient and shall be prorated for each day the CAP was late following the due date specified by the AAAPP and shall remain in effect until the Sub-Recipient complies with the submission requirement.

Timely submission of a CAP. Failure to timely submit a CAP within ten (10) business days after notification of a deficiency by the AAAPP will result in a two percent (2% %) reduction of payment per business day the CAP is not received. The reduction of payment will begin the first business day following the AAAPP’s notification to the vendor that the identified deficiency was not cured or satisfactorily addressed in accordance with the subsequent invoice received from the Sub-Recipient and shall be prorated for each day the CAP was late following the due date specified by the AAAPP and shall remain in effect until the Sub-Recipient complies with the submission requirementapproved CAP.

Timely submission of a CAP. Failure to timely submit a CAP within ten (10) 10 business days after notification of a deficiency by the AAAPP will result in a 2% reduction of payment per business day the CAP is not received. The reduction of payment will begin the first business day following the AAAPP’s notification to the vendor that the identified deficiency was not cured or satisfactorily addressed in accordance with the subsequent invoice received from the Sub-Recipient and shall be prorated for each day the CAP was late following the due date specified by the AAAPP and shall remain in effect until the Sub-Recipient complies with the submission requirementapproved CAP.