PAYMENT TERMS नमूना खंड

PAYMENT TERMS. (i) Payment will be made on monthly basis after submission of bill in the succeeding months duly verified by Engineer In-charge/ ▇▇▇. (ii) On submission of consumable item sheet duly verified by Engineer In-charge /CAO. (iii) On submission of TOOLS & PLANTS sheet duly verified by Engineer In- charge /▇▇▇. (iv) On submission of Engaged Manpower Details as per tender duly verified by Engineer In-charge /▇▇▇. (v) On submission of MEP complaint register/sheet duly verified by Engineer In-charge /▇▇▇.

PAYMENT TERMS. 2.4.1. Normal payment term of Railway is 100% payment after receipt and acceptance of material by consignee. Payment for the full stores or each consignment thereof will be made to the contractor on submission of bill accompanied by the prescribed documents mentioned in the contract. 2.4.2. Payment terms of 95% + 5%: 2.4.2.1. Payment of 95% for the stores or each consignment thereof will be made against Inspection Certificate and proof of dispatch. For dispatch of material by road, it is the challan of the 2.4.2.2. Balance 5%, payment will be made on receipt and acceptance of stores by the consignee, signified by granting of Receipt Note. In other words, balance 5% payment shall be made against Receipt Note. 2.4.3. However, for orders valuing up to Rs. 5 Lakhs, 100% payment against receipt and acceptance of the material by the consignee i.e., against Receipt Note shall be preferred.

PAYMENT TERMS. SIDBI will release the payment of the agreed Professional Fees to the selected Consultant after deduction of applicable taxes at source. Payments will be made on quarterly basis based on achievement of demonstrable results of the envisaged milestones including specific areas pertaining to growth and profitability. If any of the items/ activities corresponding to which certain price as mentioned in the price Bid is quoted, is not taken up by the Bank during the course of this assignment, the Bank will not pay the professional fees quoted by the selected Consultant in the Price Bid against such activity/ item.

PAYMENT TERMS. Payment within 15 days after delivery at respective offices on production of proof of delivery/installation certificate along with triplicate pre-receipted invoice in originals.

PAYMENT TERMS. CGTMSE will release the payment of the agreed fee to the selected Consultant after deduction of applicable taxes at source. Further, payments will be made based on achievement of demonstrable results of the envisaged milestones as per the tentative schedule mentioned below: 1 On Submission of preliminary report on development of NBFC- CGS II policy and acceptance of the same by CGTMSE 25% 2 On development of operating processes for the assignment and acceptance of the same by CGTMSE 25% 3 Identification and development of mitigation plan for all the risks arising from the portal to the operation of CGTMSE 25% 4 On Submission of Final Report as per the scope of work and acceptable to CGTMSE 25%

PAYMENT TERMS. The payment for the works to be executed under this contract shall be made as follows and no variation in the mode of payment will be acceptable to the Reserve Bank of India. Payment shall be made on monthly basis and should submit a statement showing payment of minimum wages with signature of Workmen.

PAYMENT TERMS. Payment will be made on quarterly basis after successful completion of every quarter of the year and upon receiving of ‘Satisfactory’ Service Certificate’ from the RITC and all departments, NIFT for the said period and submission of Call reports by the stationed Engineer.

PAYMENT TERMS. For orders valued upto Rs. 5 lakh - 100% payment will be made after inspection andreceipt/installation and acceptance of equipment by the consignee.

PAYMENT TERMS. 100% OF THE PAYMENT SHALL BE RELEASED AFTER SUBMISSION OF ELECTRICAL AUDIT REPORT to Branches and compiled report of all Branches to Regional Office. NO ADVANCE WILL BE PAID.