CFF(LEGAL) - PURCHASING AND ACQUISITION: PAYMENT PROCEDURES

Payment Due

Interest

Gov't Code 2251.025(a)–(c), .029(a)

Early Payment Discount

Exceptions

  1. There is a bona fide dispute between the political subdivision and a vendor, contractor, subcontractor, or supplier concerning the goods delivered or the service performed that causes the payment to be late;
  2. There is a bona fide dispute between a vendor and a subcontractor or between a subcontractor and its supplier about the goods delivered or the service performed that causes the payment to be late;
  3. The terms of a federal contract, grant, regulation, or statute prevent the governmental entity from making a timely payment with federal funds; or
  4. The invoice is not mailed to the person to whom it is addressed in strict accordance with any instruction on the purchase order relating to the payment.

Gov't Code 2251.002(a)

Alternate Vendor Remedy for Nonpayment of Contract

  1. Required to supply further labor, services, or materials until the vendor is paid the amount provided for under Government Code Chapter 2251, plus costs for demobilization and remobilization; or
  2. Responsible for damages resulting from suspending work if the governmental entity with which the vendor has the contract has not notified the vendor in writing before performance is suspended that payment has been made or that a bona fide dispute for payment exists.

Gov't Code 2251.051

Disputed Payment

Weatherford College

CFF(LEGAL)-LJC

UPDATE 30

DATE ISSUED: 3/3/2015