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Contractor's invoices for payment shall reflect accurate Master Contract prices. Invoices will not <br />be processed for payment until receipt of a complete invoice as specified herein. <br />6.2. PAYMENT. Payment is the sole responsibility of, and will be made by, the Participant. Payment is <br />due within thirty (30) days of invoice. If Participant fails to make timely payment(s), Contractor <br />may invoice Participant in the amount of one percent (1%) per month on the amount overdue or <br />a minimum of $1. Payment will not be considered late if a check or warrant is mailed within the <br />time specified. Contractor provides a prompt payment discount of 0.10% for payments within 20 <br />days of receipt of the invoice. This discount will only be provided for Participant payments within <br />the stated time. <br />6.3. MILESTONE PAYMENTS. Participant and Contractor may condition payment on the achievement of <br />various agreed upon milestones for the Transit Buses. Milestone payments will be mutually <br />agreed upon by Participant and Contractor in regard to timing of milestone, acceptance of <br />milestone, and amounts for milestone payments. Payment for milestones will follow the <br />procedure for invoice payment. <br />6.4. OVERPAYMENTS. Contractor promptly shall refund to Participant the full amount of any erroneous <br />payment or overpayment. Such refunds shall occur within thirty (30) days of written notice to <br />Contractor; Provided, however, that Participant shall have the right to elect to have either direct <br />payments or written credit memos issued. If Contractor fails to make timely payment(s) or <br />issuance of such credit memos, Participant may impose a one percent (1%) per month on the <br />amount overdue thirty (30) days after notice to the Contractor. <br />6.5. No ADVANCE PAYMENT. No advance payments shall be made for any goods or services furnished <br />by Contractor pursuant to this Master Contract. <br />6.6. No ADDITIONAL CHARGES. Unless otherwise specified herein, Contractor shall not include or impose <br />any additional charges including, but not limited to, charges for shipping, handling, or payment <br />processing. <br />6.7. TAxEs/FEES. Contractor promptly shall pay all applicable taxes on its operations and activities <br />pertaining to this Master Contract. Failure to do so shall constitute breach of this Master <br />Contract. Unless otherwise agreed, Participant shall pay applicable sales tax imposed by the tax <br />jurisdictions in which delivery occurs on purchased goods and/or services. Contractor, however, <br />shall not make any charge for federal excise taxes and Participant agrees to furnish Contractor <br />with an exemption certificate where appropriate. <br />7. CONTRACT MANAGEMENT. <br />7.1. CONTRACT ADMINISTRATION & NOTICES. Except for legal notices, the parties hereby designate the <br />following contract administrators as the respective single points of contact for purposes of this <br />Master Contract. Enterprise Services' contract administrator shall provide Master Contract <br />oversight. Contractor's contract administrator shall be Contractor's principal contact for <br />business activities under this Master Contract. The parties may change contractor administrators <br />by written notice as set forth below. <br />Any notices required or desired shall be in writing and sent by U.S. mail, postage prepaid, or sent <br />via email, and shall be sent to the respective addressee at the respective address or email address <br />set forth below or to such other address or email address as the parties may specify in writing: <br />MASTER CONTRACT No. 06719-01 <br />PAGE 13 <br />