Orange County NC Website
Browse       Search
Step 1 The Contractor will prepare, sign and submit copies of "Public âś“cucner 'or <br /> Purchases and Services Other Than Personal," Standard Form 1034, to the CM. <br /> Vouchers for advance payments must be received by the CM by the 10th of the <br /> month if payment is wished near the first of the subsequent month. Vouchers <br /> for payment of charge resolutions actually produced should be submitted to the <br /> CM as soon after completion of a fiscal quarter as possible. For advance <br /> payment, the Contractor will check "Advance" in the "Payment" section of <br /> each Form 1034 submitted. For actual production payments prior to the <br /> completion of the contract, the Contractor will check "Progress" in the <br /> "Payment section and will type the following certification in the "Articles or <br /> Services" section of each Form 1034 submitted: Contractor certifies that all <br /> charge resolutions for which payment is requested were processed in <br /> compliance with the applicable section(s) of the State and Local Handbook. <br /> For the actual production payment upon completion of the contract, the <br /> Contractor will check "Final" in the "Payment" section, and the certification <br /> cited above will be typed in the "Articles or Services" section of the final Form <br /> 1034 submitted. <br /> Step 2 - The CM will receive and review the Standard Form 1034. If found correct and <br /> proper for payment, the CM will sign the Standard Form 1034 on the <br /> "Authorized Certifying Officer" line. The CM, however, is empowered to <br /> modify payment amounts on vouchers submitted for actual production <br /> payments based upon assessment of the charge resolutions received and <br /> accepted, and will advise the Contractor of any modification in payments made <br /> in light of the requirements of the contract between the parties. <br /> G.6 PAYMENT SCHEDULE <br /> a. Payments made under this contract will be made by vouchers submitted to the CM <br /> (District Director). Upon notice of award, an advance payment voucher not to exceed <br /> fifty (50) percent of the total annual contract price of this contract may be submitted <br /> by the Contractor. Should this contract obligate funds less than the total annual <br /> contract price indicated in the Schedule, the Contractor may submit a voucher for that <br /> amount; provided, that the voucher does not exceed 50 percent of the total annual <br /> contract price. The advance payment invoice will be approved for payment by the CM <br /> only after award of the contract by the Contracting Officer. Subsequent payments <br /> will be based on the Contractor's actual production of accepted charge resolutions. It <br /> should be noted that the Contractor has the option to submit invoices on any or all <br /> subsequent quarterly actual production payment dates shown on the Payment <br /> Schedule on the next page. <br /> G-3 <br />