Final Bill definition
Examples of Final Bill in a sentence
The Contractor acknowledges that one the Final Bill has been submitted, it shall have no other/further claim(s) whatsoever under the Contract and the said other/further claim(s) shall be deemed to have been waived and extinguished.
Invoice Type (Normal On-Cycle Bill, Cancellation, Final Bill, Manual Bill, Off-Cycle, etc.).
The Contractor shall not be entitled to claim any amounts which are not mentioned in the Final Bill and the Contractor shall be deemed to have waived any claims not mentioned in the Final Bill and shall not be entitled to recover the same from GIPCL subsequent to the submission of the Final Bill on any account and GIPCL shall stand absolved of all its liabilities in respect of any such claims not raised by the Contractor in his Final Bill.
The Contractor shall submit the Final Bill within three months of physical completion of the works.
Payment of Final Bill The final bill will be released after successful handing over the completed project to the Employer and who has issued the Performance Certificate to the subcontract works, and the Subcontractor has made rectification of all defects so pointed out in the handing/taking over and occurs during the Defects Liability Period to the entire satisfaction of the Employer/Engineer/ Contractor.
Contractor has a right to deduct any amount against any item which is found not meeting the specifications or not executed at site but claimed by the Subcontractor in his IPCs or Final Bill.
Contractor shall also furnish “NO CLAIM CERTIFICATE” in the prescribed performa along with Final Bill.
This Dispute Notice must be received by the Elections Administrator no later than thirty (30) calendar days from the date the Participating Political Subdivision receives the Final Bill or Refund.
Participating Political Subdivisions must submit a Review Request to the Elections Administrator within five (5) business days of receipt of the Final Bill or the Refund, whichever is later.
The final bill shall be submitted, by the contractor within three months of physical completion of the works, No further claims shall be made by the contractor after submission of the Final Bill and these shall be deemed to have been waived and extinguished.