General Payment Agreement

Please note that no project will commence until the minimum requirements for the applicable payment plan have been met

PAYMENT PLANS

PLAN 1 – Only applicable to projects that run over a duration that is less than a month.

The client will pay 75% of the total amount of the project upfront.
Upon the completion and acceptance of the project, the Client will pay the remaining 25%

PLAN 2 – Only applicable to projects that run over a period of 1 month – 3 months.

PLAN 3 – Only applicable to projects that run over a period of 3 – 6 months.

The Client will pay 50% of the total amount of the project upfront.
25% of the remaining amount will be paid by the Client upon draft completion of the deliverables.
The final 25% will be paid by the Client upon completion and acceptance of the project.

PLAN 4 – Only applicable to projects that run over a period of 6 – 12 months.

The Client will pay monthly installments which have been divided across the total months of the project.
The first month’s installment is required to be paid in full (100%) before prior to the commencement of the project.

PLAN 5 – Only applicable to projects that run over a period of a year or more.

The Client will pay trimester or quarterly installments which have been divided across the total number of years the project will run.
The first trimester’s or quarter’s installment is required to be paid in full (100%) before prior to the commencement of the project.

PLAN 6 CUSTOM PLAN – The Client stipulates their preferred payment terms, however, the

terms stipulated should make business sense and be fair for both parties. Example: “I/we

{client name} state that we shall pay Developmenthub in the following manner: “Write below.

Our Banking Details are as follows:

Lastly kindly email proof of payment (POP) to accounts@developmenthub.co.za and CC your account manager or client service person.