Flat Rate. The County will xxxx the Contract Agency at the beginning of each quarter for the amount contracted at the flat rate. Additional charges, if any, incurred by Contract Agency during a contract quarter, will be separately noted and included in the following quarter’s xxxx. Additional fourth quarter charges will be billed separately by January 15th of the following year. Payment shall be due from the Contract Agency by the 30th day following the date of invoice. Account balances overdue 30 days or more will be subject to a service charge of 1% per month (12% per annum). Should collection action become necessary, the Contract Agency will pay collection costs associated with late payments.
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