Question
When do we have to pay invoices, and what happens if we pay late?
You must pay each correctly prepared invoice within 30 days after the end of the month you receive it. 1 If an undisputed amount is late, the consultant may charge interest at 10% a year, calculated daily from the due date until payment. 2 If it remains unpaid more than 30 days after the due date, the consultant may stop services until payment after giving 5 Business Days’ written notice. 3
Sources in the contract · choose one to see it on the page
- 1 Page 3 Show on page The Client must pay each correctly rendered invoice within 30 days after the end of the month in which it is received.
- 2 Page 3 Show on page “If an undisputed amount is not paid by the due date, the Consultant may charge interest on that amount at 10% a year, calculated daily from the due date until it is paid.”
- 3 Page 4 Show on page “remains unpaid for more than 30 days after the due date, the Consultant may suspend the Services on 5 Business Days’ written notice until it is paid.”
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