Proposals · Section 6 of 6

Terms of Payment

You need to outline your expectations about fees and payment expectations to protect you from not getting paid for your work.

Paragraph 9 Terms of payment

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Sample

Terms of Payment
The listed percentage of the estimated fees will be requested by Designer. Invoices will be presented after the following design milestones with the expected payment due no later than three (3) weeks after date of receipt. The Designer will at no time exceed estimated fees without client approval.

Design Milestones

Project Initiation (Contract Signing) — 25%
Completion (April) — 75%

Project Cancellation: If the Client chooses to cancel the project after the “Concepting” stage is initiated, they are required to pay a cancellation fee of 30% of the total estimated fee and the Designer will keep all original artwork, digital files, disks or CDs prepared in connection with the project.

Payment should be sent to:
YOUR NAME
YOUR MAILING ADDRESS

Paragraph 10 Vendor payment

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Designer will coordinate communication with vendor on behalf of the client; however, the client is expected to pay vendors directly. The Designer will not cover costs or bill for vendor services.

Action

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