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Change to contract payment terms

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    #11
    They can request to change the contract terms all they want, the original contract is as much binding to them as it is to you, so they seem to have dug a hole for themselves if they've agreed this with the customer before/without getting things sorted with the contractors first. Besides that, it's a ridiculous suggestion anyway to not process any invoices over 14 days old.

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      #12
      As above,

      It's perfectly clear why the agent are doing this.

      It's also perfectly clear that such a restriction will have no enforcable effect on the relationship between you and the agency, or the agency and the client.

      So I'm back to the numpty client question. Why on earth does the client think that "If you don't invoice us within 14 days of end of month, we don't have to pay, EVER" is enforcable?

      tim

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        #13
        I would be interested in knowing the client and the agency as well. If they're household names it would be interesting to start a campaign to not pay any of their invoices after x number of days, see what their lawyers would have to say about that..

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          #14
          I would expect that the clients actual change in contract terms is that any invoices received after the 14 days are not paid/processed until the following month (my current client gives the agency 4 days for this - so the agency invoices on estimated figures and balances over the months).

          The threat to not pay at all is a dumb way of trying to scare you into complying.

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            #15
            How big is the agency ? It doesn't sound like it in this case but when agents start tinkering with payment terms it is a sign that there are cashflow problems and its time to be wary.

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              #16
              Originally posted by SameOldStory
              I would expect that the clients actual change in contract terms is that any invoices received after the 14 days are not paid/processed until the following month (my current client gives the agency 4 days for this - so the agency invoices on estimated figures and balances over the months).

              The threat to not pay at all is a dumb way of trying to scare you into complying.
              My agent's got this dumb (in the sense of unchangable) rule that if I don't get my invoice in by the correct date (2 days after month end FFS) I don't get paid for another 30 days.

              That clause is going at renewall.

              tim

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                #17
                My largest direct client's rule is payment the last day of the month following the month that the date 30 days after receipt of invoice falls in.

                Take it or leave it.

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