Common use of PROMPT PAYMENT DISCOUNTS Clause in Contracts

PROMPT PAYMENT DISCOUNTS. The Vendor will allow a % prompt payment discount for payment made by the Town within days from the date of receipt of the invoice, or the date of the receipt of the product or services, whichever occurs later. Prompt Payment Discounts are not required but if not offering a discount, indicate by writing “zero”. Payment terms for the Town of Needham are net 30 days.

Appears in 10 contracts

Samples: Construction Contract, Short Form Agreement, Short Form Agreement

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