What are the payment terms?

08/12/2016, by Mopod Australia, in , 0 comments

Purchase Order:
to be provided by client confirming acceptance of quotation and scope of works.

Progress Payment 1:
10% of total contract value on Signing Contract.

Progress Payment 2:
40% of total contract value on Agreed Contract Start Date.

Progress Payment 3:
35% of total contract value at Completion of Manufacture prior to freighting to site

Final Payment:
15% of total contract value on Practical Completion of Mopod installation.