What are FLC’s billing policies?

What are FLC’s billing policies?

For maintenance contract work,invoices are sent at the beginning of every month with payment due by the fifteenth of every month.

For installation contract work, payments of the Contract Price shall be paid in the following manner: 50% due within 3 days of signature of Contract to cover material costs. The remaining 50% due within 5 days after submission of Invoice to Owner upon completion of Contract, interest to accrue monthly at 1.5% thereafter. In the event of material costs exceeding the initial down payment, a supplemental payment may be required to cover these costs in affect lowering the cost of the final payment due at completion.

For other billable work, payment will be due at time of submission of invoice.

Cancellation of maintenance service must be made in writing prior to the first of the month.

Categories: Before Inquiring for new service, Billing