Missing invoice deadline

[Gumbo Robot]

In a nutshell, for a number of reasons, I missed agent's month end.

Now they won't pay me until November 21; 8 weeks away.

I don't think this is acceptable - anything I can do?

[stek]

If it's in the contract, not a lot...

[Gumbo Robot]

If it's in the contract, not a lot...

Oh well...

In the past I've had agencies make exceptions for extenuating circumstances.

This lot won't budge.

[BolshieBastard]

Not adecco by any chance?

And also a good reason why to use self billing.

[Gumbo Robot]

Not adecco by any chance?

And also a good reason why to use self billing.

No, ReThink Recruitment.

[BrilloPad]

ReThink to go bust on 20th Nov...

[Gumbo Robot]

Agent was a right stroppy little tart.

Slammed the phone down on me.

[chopper]

Sounds like a struggling agent and you're giving them a lovely interest free overdraft.

[Contreras]

What does the contract say? This is what you agreed to, not an arbitrary billing cycle.

Often it's stated as N-day payment from receipt of a valid invoice.

[Gumbo Robot]

What does the contract say? This is what you agreed to, not an arbitrary billing cycle.

Often it's stated as N-day payment from receipt of a valid invoice.

The Contractor is required to submit invoices on a monthly basis or as set out in the Schedule. If the Contractor submits any invoice more than 5 weeks after the date on which the services were rendered, ReThink will consider this a material breach of contract and will only pay the applicable Fees following payment by the Client.

Nothing regarding this in the schedule.

There was a separate email detailing invoice cut-off dates etc but doesn't look like it's contractual.

and another interesting clause;

The Contractor shall be entitled to charge interest at a rate of 4% per annum above the base rate from time to time of the Bank of England on any sums due but not paid from the date payment became due until the actual date of payment. This shall be in accordance with the Late Payment of Commercial Debts (Interest) Act 1998 as amended and supplemented by the Late Payment of Commercial Debts Regulations 2002. The parties agree that this represents a substantial remedy in the context of the above Act and Regulations.

Well, my invoice terms are 30 days. They're not going to pay me for 8 weeks. Do the maths...