c) Payment Terms. Unless otherwise agreed upon in writing, GRU’s payment terms are net thirty (30) days from

June 2, 2026 City Council Regular Session · 2026-06-02 · agenda_item

This item concerns payment terms for contractors working with GRU, a utility provider. GRU's standard payment terms are net thirty days from receiving a correct invoice, with a limit of one invoice per month. Delays or errors in invoices may affect payment timing. Partial invoices may be allowed with prior GRU approval. This is a procedural item related to how contractors will be paid for work performed, not a new construction project. It does not detail specific projects, scope of work, or phases of construction. Therefore, it does not present an early opportunity for contractors, suppliers, or service providers to engage in new business related to specific development or infrastructure projects.