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One can structure retainage arrangements in any number of ways. Subject to state statutory requirements, 10% is the retainage amount most often used by contracting parties. Another approach is to start off with a 10% retainage and to reduce it to 5% once the project is 50% complete. [22]
In the United States construction industry, contract agreements are usually written to allow the owner to withhold (retain) the final payment to the general contractor as "retainage". [3] The contractor is bound by the contract to complete a list of contract items, called a punch list, in order to receive final payment from the owner.
If you cancel near the end of your billing period and are inadvertently charged for the next period’s fee, call us to have the charges reversed. If you subscribe to a fee-based Service other than Internet connectivity Service, you should consult the specific cancellation policies and procedures for those Services.
You may cancel any subscription at any time by logging into your online account and terminating the subscription. If you are in a free trial period, your service may be discontinued immediately, and you will not receive any charges. If you are not in a free-trial period, your service will be discontinued at the end of your billing period.
Accounts receivable represents money owed by entities to the firm on the sale of products or services on credit. In most business entities, accounts receivable is typically executed by generating an invoice and either mailing or electronically delivering it to the customer, who, in turn, must pay it within an established timeframe, called credit terms [citation needed] or payment terms.
Your next bill will include the past due month along with the amount due for your current billing cycle. There are a number of reasons why this unfortunate event may have happened to you: • Your bank suspended or replaced your credit card. • Your credit card had insufficient funds at the time we processed your payment.
View your Netscape ISP billing statement on a computer by following the steps below. 1. Go to MyAccount and sign in. 2. In the left navigation menu, click My Wallet | select View My Bill. - The Billing Statement page will appear. 3. From the dropdown menu, select the time period you want to view. Need a hard copy of your bill?
A credit card grace period is the time between when the billing period ends and when payment is due. During this time, you may not be charged interest if you pay off the balance of the bill by the ...