Payment terms are based on specific project requirements. There is always an advance payment varying in the range of 40-50% depending on size of project and the balance amount is linked to project milestones.
Payment terms are based on specific project requirements. There is always an advance payment varying in the range of 40-50% depending on size of project and the balance amount is linked to project milestones.
1 - Amount Less than US $ 500 | 2 - Amount US $ 500 - 1500 | 3 - Amount US $ 1500 - 3000 |
---|---|---|
Advance 50%1 | Advance 30% | Advance 20% |
On Delivery 50% | Interim 40% | Interim (1) 25% |
On Delivery 30% | Interim (2) 25% | |
On Delivery 30% |