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Payment terms not met

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    Payment terms not met

    Out of curiosity what would happen if payment terms are not met because the contractor did not have public liability insurance at the start of the contract?

    In the event of a payment dispute Does that mean that the contractor would not be paid?

    #2
    Originally posted by Stevie Wonder Boy
    You are so going to get banned. Why do you think repeatedly starting threads is going to get your answer? The admin has locked your previous question.
    Oh dear, I did get my answer, I was just trying to find out more but couldn't do anything with the other thread. There was also no option to directly ask the person who replied previously.

    Comment


      #3
      There is nothing more to add.

      The reason I locked it is because I am suspicious of recent new posters asking strange questions that were answered in the 1st 2 reply posts and stringing it out for 3 pages..
      "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
      - Voltaire/Benjamin Franklin/Anne Frank...

      Comment


        #4
        The reply given was for professional indemnity which I have confirmed can be made retrospective if I pay a little extra. I will do that.

        I was just curious cos I noticed you couldn't do the same for public and employee liability. In such as case if it was contractual but I didn't have it would that mean that the i wouldn't get paid cos the payment terms were not met?

        Comment


          #5
          Payment terms not met

          Ask the agent about this, and if they still don't pay you Google the word 'dunning'.
          "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
          - Voltaire/Benjamin Franklin/Anne Frank...

          Comment


            #6
            Originally posted by cojak View Post
            Ask the agent about this, and if they still don't pay you Google the word 'dunning'.
            Or ask Safe Collections, but don't use the word 'dunning'
            Best Forum Advisor 2014
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            Comment


              #7
              Originally posted by TheFaQQer View Post
              Or ask Safe Collections, but don't use the word 'dunning'
              The only debt collection & credit control company recommended by Contractor UK.

              Read our articles on ContractorUK here and get in touch here.

              Comment


                #8
                Originally posted by Ghandi View Post
                Out of curiosity what would happen if payment terms are not met because the contractor did not have public liability insurance at the start of the contract?

                In the event of a payment dispute Does that mean that the contractor would not be paid?
                YOU have not met the requirements of the contract, so there is no money owing, simples.
                Originally posted by Stevie Wonder Boy
                I can't see any way to do it can you please advise?

                I want my account deleted and all of my information removed, I want to invoke my right to be forgotten.

                Comment


                  #9
                  Just because you don't have all the insurance doesn't invalidate the contract. The fact that you have conducted the work in fulfilling the material terms of the contract, constitutes performance for which you are entitled to payment. The lack of insurance cannot be seen to be material. In the meantime, get the insurance and issue the invoice.
                  I was an IPSE Consultative Council Member, until the BoD abolished it. I am not an IPSE Member, since they have no longer have any relevance to me, as an IT Contractor. Read my lips...I recommend QDOS for ALL your Insurance requirements (Contact me for a referral code).

                  Comment


                    #10
                    ...

                    Originally posted by Scruff View Post
                    Just because you don't have all the insurance doesn't invalidate the contract. The fact that you have conducted the work in fulfilling the material terms of the contract, constitutes performance for which you are entitled to payment. The lack of insurance cannot be seen to be material. In the meantime, get the insurance and issue the invoice.
                    Arguably, PL and EL insurances or the lack of are not material breaches of any contract. The agent has not breached either unless you have issued the invoice and waited the agreed time for it to be paid.

                    Once you go through the proper process, you can then start talking about collecting the debt. But the first thing to do is issue invoices that are outstanding. The problem arises in that if you are slack doing that, where do you draw the line? You are liable to get in the old 'rock and a hard place' where you have to leave because they 'say' they won't pay and end up doing more work for nothing.

                    Get the invoices in and do it now.

                    Comment

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