Include incentives for outstanding performance

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Reference no: EM13706701

When placing payment terms in a lump-sum contract proposal, it is especially important for the buyer to:

a. Include incentives for outstanding performance

b. Describe the payment process in detail in order to avoid confusion

c. Link payments made to progress made

d. Tie specific payments to specific time periods to better facilitate the accounting processes of both parties.

d. Tie specific payments to specific time periods

 

Reference no: EM13706701

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