Common use of Prompt Payment Clause Clause in Contracts

Prompt Payment Clause. (a) Consultant shall pay each subcontractor (if any) for the satisfactory work performed under this Agreement, no later than ten calendar days from the receipt of each payment Consultant receives from Authority. Consultant agrees further to return retainage payments to each subcontractor within 30 calendar days after the subcontractor’s work is satisfactorily completed.

Appears in 3 contracts

Samples: California Government Relations Services Agreement, Event Planning and Production Services Agreement, Form of Contract

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Prompt Payment Clause. (a) a. Consultant shall pay each subcontractor subconsultant (if any) for the satisfactory work performed under this Agreement, no later than ten calendar days from the receipt of each payment Consultant receives from Authority. Consultant agrees further to return retainage payments to each subcontractor subconsultant within 30 calendar days after the subcontractorsubconsultant’s work is satisfactorily completed.

Appears in 2 contracts

Samples: Consulting Services Agreement, foothillgoldline.org

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