Special CI-ElecFunds-20-OCT-2023.pdf
PDF 67 KB Posted
- Attached to
- Linear X-Nanopositioners
- Solicitation number
- 6-B187-Q-00463-00
- Issued by
-
Department of Energy Office of Science
About this file
This is a contract clause from Argonne National Laboratory (PD-124, effective October 20, 2023) establishing payment procedures for contractors.
The clause mandates that all payments under Argonne contracts shall be made via electronic funds transfer (EFT) or wire transfer. Domestic contractors may request alternative payment methods (check or other mutually agreeable options) through the ANL-1094 "Electronic Transfer Authorization Form" if the Laboratory cannot process EFT/Wire payments. Foreign contractors are restricted to wire payment only unless special consideration is requested and approved by Procurement; deviation from wire payment for foreign contractors may result in delayed net payment. The Laboratory will not process any payments until after receiving the completed ANL-1094 form with correct EFT payment information from the contractor's Accounts Payable department. The clause specifies that any intermediary or beneficiary banking charges or fees assessed by the contractor's bank are the sole responsibility of the contractor.
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Text version
PD-124 (October 20, 2023)
PAYMENT BY ELECTRONIC FUNDS TRANSFER/WIRE
All payments by the Laboratory under this contract shall be made by electronic funds transfer (EFT)/Wire. In the event the Laboratory is unable to release one or more payments by EFT/Wire, the domestic contractor agrees to either accept payment by check or some other mutually agreeable method of payment via ANL-1094
“Electronic Transfer Authorization Form”. For foreign contractors, wire payment is the only form of payment unless special consideration is requested and approved by Procurement or delay in net payment could occur.
The Laboratory is not required to make any payment under this contract until after receipt of the ANL-1094 (a link is provided in the award documentation), by Accounts Payable of the correct EFT payment information from the contractor. Any intermediary or beneficiary banking charges/fees assessed by the contractor’s bank are the sole responsibility of the Contractor.
File details come from the government source that posted it. Updated .