I'm currently working as an independant contractor for a fairly large IT company. My last invoice was paid almost 2 weeks late. The contract states that payment is made Net 30 days, but as it's written by the contracting company does not include any penalty for late payment of invoices. Considering that all of my creditors apply a late fee if I am late in paying what is owed, I feel it is only just and fair that I charge a late fee to the company I'm contracted with to write ColdFusion code. I'm thinking just a 1% or 1.5% fee on the outstanding balance if it is more than 7 days late. Does this seem reasonable? How should I go about writing this into the contract or getting the contracting company to write it in? Should I seek legal assistance in doing so?
Thanks in advance for your input. Jeff ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Upgrade to Adobe ColdFusion MX7 The most significant release in over 10 years. Upgrade & see new features. http://www.adobe.com/products/coldfusion?sdid=RVJR Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:233118 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
