1. STATE OF FLORIDA, DEPARTMENT OF EDUCATION
      1. PROCUREMENT CONTRACT – ATTACHMENT B
        1. PAYMENT TERMS AND SCHEDULE

 

 

 

STATE OF FLORIDA, DEPARTMENT OF EDUCATION

PROCUREMENT CONTRACT – ATTACHMENT B

PAYMENT TERMS AND SCHEDULE

 



STATE OF FLORIDA, DEPARTMENT OF EDUCATION


PROCUREMENT CONTRACT – ATTACHMENT B


PAYMENT TERMS AND SCHEDULE

 

The Payment Terms and Schedule for the procurement contract awarded to      , Contract No.       are as follows:

 

 
I. An “X” i II.   n the box adjacent to each provision in this section signifies that the provision is applicable to the Contract into which this Attachment B is incorporated.

 

A . Either 1 or 2 applies:

or

 

 

 

 

B.   Either 1 or 2 applies:

 

 

Or

 

Or

 

 

    C. If I. A 2. applies, check whether any of the following apply:

 

 

 

 
III. As specified in Section I.A., the amount of the total payment, or the amount that the total payment shall not exceed is the following: One-hundred dollars ($ 100.00).

 

 

IV. The schedule of progress payments, the Deliverable(s) required to be received and approved, and the projected payment dates are set forth below. The actual date of payment shall be governed by the receipt and approval of the Deliverable(s), not by the projected payment date which is included to assist in planning the Contract activities and managing the project.

Amount of Payment    Projected Date    Description of Deliverables        

     

        

 

         

 

     

        

 

           

       
 
V. The amounts included in the total payment which are set aside for specified activities in accordance with Section I.C.1, above VI.   , the specified activity to which each amount pertains, and the criteria under which the Contractor earns portions of the amount which is set aside are described below:

 Amount Set Aside    Description of Activity      Criteria for Earning Portion of the Amount which is set aside

     

     

     

     

     

     

 

                       

 

 

 
VII. The system of rates upon which contract payments are based is prescribed as follows:

A. As applicable, the type of work or the professional designation of a worker to whom the rate applies, the dollar amount of the rate, and the time unit covered by the rate amount are set forth below:

Dollar Amount    Per Time Unit          Type of Work or Professional Designation of a Worker          

     

     

     

     

     

     

 

 

B. As needed, further description or explanation of the information prescribed in Section V.A, above, such as but not limited to conditions precedent to the commencement of work, payment caps by category, or conditions under which the time unit or dollar amount may be adjusted are as follows:

     

 

 

C. Each invoice which requests a payment based upon the system of rates:

--shall identify the pertinent dollar amount per time unit and the category of type of work, or professional designation of worker, in language which corresponds to subsection V.A, above;

--shall specify the totals of the time units and amount of payment sought for each category of type of worker and for each worker; and,

--shall be documented by time and performance records which are adequate for preaudit and postaudit.

 

 

 

 

VI.  For purchases pursuant to state term contracts, the total payment for completion of all requirements of the Contract which makes specific the Department’s procurement under a State Term Contract awarded to the Contractor by the Department of Management Services reflects a savings to the Department in comparison to the total projected amount for the same work under the rates established in the State Term Contract No      ,as explained below.

     
     

VII.  Federal funds awarded through the Department by this Contract, if any: $     .

 

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Form OGC-CM 03   DOE Contract No. _____, Other No. _____, Attachment B, Page 1 of 3

Last revised October 29, 2004

 

 

  Form OGC-CM 03   DOE Contract No. _____, Other No. _____, Attachment B, Page 3 of 3

Last revised October 29, 2004