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(C) EFT banking information is not required if the Government waived the requirement to pay by EFT. (B) If EFT banking information is not required to be on the invoice, in order for the invoice to be a proper invoice, the Contractor shall have submitted correct EFT banking information in accordance with the applicable solicitation provision, contract clause ( e.g., 52.232-33, Payment by Electronic Funds Transfer-System for Award Management, or 52.232-34, Payment by Electronic Funds Transfer-Other Than System for Award Management), or applicable agency procedures. (A) The Contractor shall include EFT banking information on the invoice only if required elsewhere in this contract. (x) Electronic funds transfer (EFT) banking information. The Contractor shall include its TIN on the invoice only if required elsewhere in this contract. (ix) Taxpayer Identification Number (TIN). (viii) Name, title, and phone number of person to notify in event of defective invoice and (vii) Name and address of official to whom payment is to be sent (vi) Terms of any discount for prompt payment offered (v) Shipping number and date of shipment, including the bill of lading number and weight of shipment if shipped on Government bill of lading (iv) Description, quantity, unit of measure, unit price and extended price of the items delivered (iii) Contract number, line item number and, if applicable, the order number (1) The Contractor shall submit an original invoice and three copies (or electronic invoice, if authorized) to the address designated in the contract to receive invoices.
#Another word for satisfactory full
The Contractor shall notify the Contracting Officer in writing as soon as it is reasonably possible after the commencement of any excusable delay, setting forth the full particulars in connection therewith, shall remedy such occurrence with all reasonable dispatch, and shall promptly give written notice to the Contracting Officer of the cessation of such occurrence. The Contractor shall be liable for default unless nonperformance is caused by an occurrence beyond the reasonable control of the Contractor and without its fault or negligence such as, acts of God or the public enemy, acts of the Government in either its sovereign or contractual capacity, fires, floods, epidemics, quarantine restrictions, strikes, unusually severe weather, and delays of common carriers. The clause at FAR 52.202-1, Definitions, is incorporated herein by reference. The Contractor shall proceed diligently with performance of this contract, pending final resolution of any dispute arising under the contract. Failure of the parties to this contract to reach agreement on any request for equitable adjustment, claim, appeal or action arising under or relating to this contract shall be a dispute to be resolved in accordance with the clause at Federal Acquisition Regulation (FAR) 52.233-1, Disputes, which is incorporated herein by reference. This contract is subject to 41 U.S.C. chapter 71, Contract Disputes. Changes in the terms and conditions of this contract may be made only by written agreement of the parties. However, when a third party makes payment ( e.g., use of the Governmentwide commercial purchase card), the Contractor may not assign its rights to receive payment under this contract. The Contractor or its assignee may assign its rights to receive payment due as a result of performance of this contract to a bank, trust company, or other financing institution, including any Federal lending agency in accordance with the Assignment of Claims Act ( 31 U.S.C. 3727). (2) Before any substantial change occurs in the condition of the item, unless the change is due to the defect in the item. (1) Within a reasonable time after the defect was discovered or should have been discovered and
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The Government must exercise its post-acceptance rights. If repair/replacement or reperformance will not correct the defects or is not possible, the Government may seek an equitable price reduction or adequate consideration for acceptance of nonconforming supplies or services. The Government may require repair or replacement of nonconforming supplies or reperformance of nonconforming services at no increase in contract price. The Government reserves the right to inspect or test any supplies or services that have been tendered for acceptance. The Contractor shall only tender for acceptance those items that conform to the requirements of this contract. As prescribed in 12.301(b)(3), insert the following clause:Ĭontract Terms and Conditions- Commercial Products and Commercial Services (Nov 2021)