standard payment terms are as mandated by the Texas Prompt University’s “net 30 days” Payment Indicate below the prompt payment discount that Proposer offers: Prompt Payment Discount: _____%_____days/net 30 days. , authorizes University to make payments through electronic funds transfer methods. Respondent agrees to accept payments from University through those methods, including the automated clearing house system (ACH). Respondent agrees to provide information Respondent’s banking to University in writing on Respondent letterhead signed by an authorized representative of Respondent. Prior to the first payment, University will confirm information. Respondent’s banking Changes to bank information must be communicated to University in writing at Respondent’s least thirty (30) days before the effective date of the change and must include an signed by an authorized representative of Respondent. University, an agency of the State of Texas, is exempt from Texas Sales & Use Tax on goods and services in accordance with , and . Pursuant to , University is not required to provide a tax exemption certificate to establish its tax exempt status. Respectfully submitted, Proposer: ____________________________ ___________________________ By: (Authorized Signature for Proposer) Name: _________________________ Title: __________________________ Date: _____________________ END OF ADDENDUM 1
University’s standard payment terms are “net 30 days” as mandated by the Texas Prompt Payment Indicate below the prompt payment discount that Proposer offers: Prompt Payment Discount: _____%_____days/net 30 days. , authorizes University to make payments through electronic funds transfer methods. Respondent agrees to accept payments from University through those methods, including the automated clearing house system (ACH). Respondent agrees to provide Respondent’s banking information to University in writing on Respondent letterhead signed by an authorized representative of Respondent. Prior to the first payment, University will confirm Respondent’s banking information. Changes to Respondent’s bank information must be communicated to University in writing at least thirty (30) days before the effective date of the change and must include an signed by an authorized representative of Respondent. University, an agency of the State of Texas, is exempt from Texas Sales & Use Tax on goods and services in accordance with , and . Pursuant to , University is not required to provide a tax exemption certificate to establish its tax exempt status. Respectfully submitted, Proposer: ____________________________ By: ___________________________ (Authorized Signature for Proposer) Name: _________________________ Title: __________________________ Date: _____________________ END OF ADDENDUM 1
Addendum%201_RFP%20744-R1802%20UCT%20AHU%20Replacement%20and%20Level%2010%20IAQ.DOCX