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Prompt payment is a commercial discipline which ... within 60 days is considered an appropriate measure of ... chapter 39 being known as the 'Prompt Payment Act'.
S.1221 and H.R. 1392 will amend title XVIII of the Social Security Act to ensure more appropriate payment amounts for drugs and biologicals under Part B of the Medicare Program by excluding customary prompt pay discounts extended to wholesalers from the manufacturer's Average Sales Price (ASP).
The directive aims to achieve 'a decisive shift to a culture of prompt payment' [4] and requires debtors to pay interest and the reasonable recovery costs of the creditor if they do not pay for goods or services on time. The limits are within 60 days for businesses and within 30 days for public authorities. [5]
Construction in East Village, San Diego. A "Little Miller Act" is a U.S. state statute, based upon the federal Miller Act, that requires prime contractors on state construction projects to post bonds guaranteeing the performance of their contractual duties and/or the payment of their subcontractors and material suppliers.
A 50-day work stoppage would cost Boeing $5.5 billion, investment bank TD Cowen said in a report reviewed by ABC News at the outset of the dispute. So far, the strike has lasted 41 days.
It came after a court demanded payment equivalent of $20.6 decillion — an almost incomprehensible figure that exceeds the world's GDP. The sum came from a penalty for suspending the YouTube ...
That is, unless you aren't prepared to pay the "scratch tax." Thankfully, the woman was ready the day she walked into the tack shop. Related: Australian Cattle Dog Has Ingenious Way of Warming ...
The payee may compromise on a debt, i.e., accept part payment in full settlement of a debtor's obligation, or may offer a discount, E.G: For payment in cash, or for prompt payment, etc. On the other hand, the payee may impose a surcharge , for example, as a late payment fee, or for use of a certain credit card, etc.