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Session Laws, 1988
Volume 770, Page 1709   View pdf image
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WILLIAM DONALD SCHAEFER, Governor

Ch. 48

ll-132(a) and in part added to provide an express
definition for the word "invoice".

15-102. REQUIRED INFORMATION.

A CONTRACTOR WHO SUBMITS AN INVOICE FOR A PROCUREMENT
CONTRACT SHALL INCLUDE IN THE INVOICE:

(1)  THE CONTRACTOR'S FEDERAL EMPLOYER'S
IDENTIFICATION NUMBER OR SOCIAL SECURITY NUMBER;

(2)  THE PROCUREMENT CONTRACT OR PURCHASE ORDER NUMBER
OR ANOTHER ADEQUATE DESCRIPTION OF THE PROCUREMENT CONTRACT; AND

(3)  ANY DOCUMENTATION REQUIRED BY REGULATION OR THE
PROCUREMENT CONTRACT.

REVISOR'S NOTE: This section is new language derived
without substantive change from former SF § ll-132(c)..
It is revised to state affirmatively that the
contractor is responsible for inclusion of the
information in an invoice.

The word "proper", which formerly modified the word
"invoice", is deleted as surplusage.

Defined terms: "Invoice" § 15-101
"Procurement contract" § 11-101

15-103. PAYMENT BY STATE.

IT IS THE POLICY OF THE STATE TO MAKE A PAYMENT UNDER A
PROCUREMENT CONTRACT WITHIN 30 DAYS:

(1)  AFTER THE DAY ON WHICH THE PAYMENT BECOMES DUE
UNDER THE PROCUREMENT CONTRACT; OR

(2)  IF LATER, AFTER THE DAY ON WHICH THE UNIT
RECEIVES AN INVOICE.

REVISOR'S NOTE: This section is new language derived
without substantive change from former SF §§ ll-132(d)
and 11-133.

Defined terms: "Invoice" § 15-101
"Procurement contract" § 11-101
"Unit" § 11-101

15-104. INTEREST ON LATE PAYMENTS.
(A) IN GENERAL.

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Session Laws, 1988
Volume 770, Page 1709   View pdf image
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