Reformat

Payment Policy

Effective Date: 20th May 2015

The following payment policy is effective from the date above, as part of the service partnership Reformat Web Development Ltd provides with your business we ask that you adhere to this payment policy for services rendered.

Development Projects Over £500

  • 50% of the agreed cost is billed upon booking of the project, this invoice is dated as zero days when issued and due upon receipt.
  • 50% of the agreed cost is billed once sign off of the project and it goes live or the assets are provided to your business. The invoice is issued under 14 day payment terms.
  • If a project is held on a development server for longer than 30 days without any contact and the project is deemed as completed by Reformat Web Development Ltd, the remaining 50% of the agreed cost will be billed under 14 day payment terms.
  • If invoice isn’t settled via BACs after 30 days or cheque is not received after 25 days, this will incur a late payment fee of £50+VAT.

Development Projects Under £500

  • Payment is due upon completion of the work unless otherwise agreed in writing.
  • The invoice will be dated as zero days when issued.
  • If invoice isn’t settled via BACs after 30 days or cheque is not received after 25 days, this will incur a late payment fee of £50+VAT.

Hosting Costs

As of 1st Jan 2017, we no longer offer hosting or domain registration as part of our service. So the following points are only applicable to historical invoices.

  • Payment is due upon receipt of the invoice
  • If payment isn’t made after 30 days, this will incur a late payment fee of £50+VAT
  • If payment isn’t made after 60 days, the website may be taken offline.