Contract Clause

[Sockpuppet]

It is the practice of <agency> to match payment with the receipt of relevant monies from the Client.

Ok, so payment terms are monthly invoicing, payment then 28 days in arrears.

Now I'm opted in. Anyone else think the above is an attempt the say "if the client doesn't pay we don't".

Not bothered because it doesn't bother me (opted in = they must pay even if client doesn't). But...just wanted to know what they mean by it. Why put their way of saving a few £££ in factoring costs in the contract. It just looks out of place.

[miffy]

Anyone else think the above is an attempt the say "if the client doesn't pay we don't".

I'd agree with that. Like you say, as you're opted in I can't see that statement being a problem.

[Gonzo]

Anyone else think the above is an attempt the say "if the client doesn't pay we don't".

Yes. Also that they will only pay you when they receive payment from the client.

But, as you rightly state, if you are opted in then it is not your problem.

[TheFaQQer]

Yes, what everyone else said.

BUT bear in mind that it's a potential nightmare getting the money and you may need to revert to legal action to get your hands on it.

[Gonzo]

Yes, what everyone else said.

BUT bear in mind that it's a potential nightmare getting the money and you may need to revert to legal action to get your hands on it.

From his previous posts, I don't think that SP is afraid of going legal if circumstances require it.

[Sockpuppet]

From his previous posts, I don't think that SP is afraid of going legal if circumstances require it.

Either that or I'll go for the bat and nails approach.

I've decided that threatening people with legal action is not the way to go. I just do it now.

[Jubber]

I've decided that threatening people with legal action is not the way to go. I just do it now.

Yup.