10-2128 Memo of Agreement Contract No. APT00 with FDOT

Home Browse Search

payment will be in the amount of $17,500.00 per quarter or a total sum of $70,000.00 per year. In the event this Agreement is terminated as established by Paragraph 11 herein, payment shall be prorated to the date termination occurs. Detailed quarterly invoices, as provided further herein shall be sent to the Maintenance Contract Engineer of the Department at 2400 CAMP RD., OVIEDO, FLORIDA 32765. Delivery shall be effective upon receipt of a proper quarterly invoice and any required, associated documents. 7. Payment shall be made only after receipt of goods and services as provided in Section 215.422, Florida Statutes. (A) Any penalty for delay in payment shall be in accordance with Section 215.422(3) (b), Florida Statutes. Section 215.422(5), Florida Statutes provides that all purchasing agreements between a state agency and a vendor, applicable to this section, shall include a statement of the vendor's rights and the state's responsibilities under this section. The vendor's rights shall include being provided with the name and telephone number of the Vendor Ombudsman within the Department of Financial Services. (B) The CITY should be aware of the following time frames. Upon receipt, the Department has seven working days to inspect and approve the goods and services, unless otherwise specified herein. The Department has 20 days to deliver a request for payment (voucher) to the Department of Finance. The 20 days are measured from the latter of the date the invoice is received, at the location stated herein, or the goods or services are received, inspected and approved. (C) If payment is not available within 40 days, a separate interest penalty as established pursuant to Section 215.422, Florida Statutes, will be due and payable, in addition to the invoice amount, to the CITY. Interest penalties of less than one ($1.00) dollar shall not be enforced unless the CITY requests payment. Invoices, which have to be returned to the CITY because of CITY preparation errors, will result in a delay in the payment. The invoice payment requirements do not start until a properly completed invoice is provided to the Department. CITY OF CASSELBERRY FIN NO.: 244549-1-78-01 CONTRACT NO.: APT00 Page 4 of I 1