Running Account Bill definition

Running Account Bill means a bill for the payment of "On Account" money to the Contractor during the progress of work on the basis of work done and the supply of non-perishable materials to be incorporated in the work.
Running Account Bill means a Bill for the payment of ‘on account’ monies to the contractor in terms of Clause 6.4.1.0 hereof and associated clauses there under.
Running Account Bill means a bill for payment of “on Account’ to the Contractor.

Examples of Running Account Bill in a sentence

  • However, the successful tenderer has to register with PF authorities and furnish the registration number before first Running Account Bill.


More Definitions of Running Account Bill

Running Account Bill means a bill for the payment to be made to the Contractor on a running account when payment for work is made to him at specified intervals, subject to deductions as per contract and final settlement of the account on completion or determination of his contract.
Running Account Bill means a bill for the payment of "On Account" money to the Contractor during the progress of work on the
Running Account Bill means the periodic bills raised by Contractor based on the progress of Services, but shall not includethe Final Invoice.
Running Account Bill means a Bill for the payment “on account” monies to the contractor in terms of Clause 6.4.1.0 hereof and associated clause thereunder.
Running Account Bill means a bill for the payment of "On Account" money to the Contracto r during the progress of wo rk on the bas is of work done and the supply of non-perishable materials to be incorporated in the wo rk.
Running Account Bill means a Bill for the payment of ‘on account’ money to the Contractor in terms of Clause 6.4.1.0 hereof and associated clauses thereunder.
Running Account Bill means a Bill for the payment of ‘on account’ moneys to the contractor as per the terms and conditions of agreement made between the Ministry and the tenderer.