1.1 Payment Terms: All fees payable to Only Doors UK will be invoiced according to the mutually agreed payment terms, which must be confirmed by all parties in writing prior to the commencement of any works and/or the procurement of any associated materials.
Pro-forma Invoice: A pro-forma invoice for 50% of quotation will be raised on confirmation of booking.
Interim Invoices (projects over £10k): Interim invoices will be issued every 14 days, reflecting the value of works completed to date. This may also include any additional material orders that exceed the initial cost and are not covered by the pro-forma invoice. These invoices are due 14 days from the date of the invoice.
Final Invoice: The final invoice will be raised upon the successful completion of works and will be due immediately.
1.2 Refusal of Service: Only Doors UK reserves the right to refuse to execute any order or contract if the payment arrangement or the Client’s credit is deemed unsatisfactory. This includes situations where the Client has an insufficient credit limit, is listed as high risk, or is unwilling to pay the pro-forma invoice.
1.3 Sign-Off Procedure: The Client or an authorised representative must be available to sign off on the works upon completion. If no representation is available at the time of completion, it will be agreed by default that all works have been accepted in favour of Only Doors UK, and the final invoice will be issued. The Client will have 48 hours to state in writing any reasons for not accepting the works.
1.4 Payment Obligation: Payments must be made promptly within the agreed payment terms as outlined above.
1.5 Currency: All payments must be made in sterling unless otherwise agreed in writing by Only Doors UK. An administration charge will apply for all non-sterling payments.
1.6 Fee Adjustments: Only Doors UK reserves the right to adjust fees and the project completion date if the scope of works or associated proposals are altered after the commencement of works.
1.7 Taxation: All costs submitted by Only Doors UK will clearly display all applicable taxes.
1.8 Retentions and Discounts: All retentions and contractor discounts must be declared at the tender stage. If any required deductions are not clearly displayed on the documentation and presented before costs are submitted, they will not be honoured by Only Doors UK.
1.9 Additional Work: If the Client requests additional work not covered by the original quotation, a further quotation will be provided. The additional work will not commence until the Client has placed an order and Only Doors UK has accepted it. The Company shall not be liable for costs and time delays caused by the delayed acceptance of additional work orders.
1.10 Minor Defects: Minor defects or matters requiring rectification that are covered by any guarantees shall not be considered valid reasons for withholding any balances due. Only Doors UK does not accept deferred withdrawals or payment retainers, such as retentions on works covered under warranty.
1.11 Late Payment: Under the Late Payment of Commercial Debts (Interest) Act 1998, Only Doors UK reserves the right to charge interest and compensation at the current statutory rate on any balances outstanding after the invoice due date, until the debt is settled in full.
1.12 Ownership of Materials: All materials delivered to the site will remain the property of Only Doors UK until the Client has paid for the works in full. If the Client defaults on any payment obligations under the contract, Only Doors UK may enter the site to repossess and remove the materials until all sums due are paid in full. This includes the right to dis-install and remove materials even if they have been installed or incorporated into the works.