Shipping policy

5. Delivery & payment

Delivery of goods and services shall be accepted when tendered, whereupon payment shall become due in full 30 days from the date of the Company’s invoice in any instance where the agreement with the Client does not stipulate otherwise, as in the instance of the agreement of immediate payment of 50% of Contract value on award of Contract and immediate payment thereafter on completion of itemised deliverables, or any other alternative agreement so made.

VAT – Value Added Tax where applicable is payable on goods and services supplied by the Company whether or not included in the estimate.
The Company reserves the right at its sole discretion to charge interest on all monies outstanding after 30 days from the date of the Company’s invoice. The rate of interest applied will be 5% above Bank of England Base Rate.

A charge will be made to cover any additional costs incurred by the Company for delivery of goods or services to addresses other than those specified in the estimate.
Should expedited delivery be agreed any additional costs incurred by the Company will be charged extra.

Should work be suspended at either the verbal or written request of, or delayed for whatever reason by, the Client for more than 14 days the Company reserves the right to apply for interim payment by way of invoicing the Client for all goods and services supplied to the date of said suspension or delay. In certain circumstances, the Company would in agreement with the Client arrange that payment for services and goods be made in 3 stages.

The Company reserves the right to cancel its commitments to continue production in the case of non-payment of any instalment, and to remove goods which have been delivered in the case of non-payment of the third instalment or, in the case of website work, take down the actual website.
In the case of the Company supplying services only (e.g. design, illustration, photography, video, consultancy etc) then payments shall on those occasions be made in accordance with the following arrangements: a total of half the agreed fee becomes payable immediately on approval of visuals, the balance becoming payable immediately on delivery of the finished artwork, goods, or service. In the case of Author’s Corrections or other work arising or out of scope requirements, these shall be paid in full strictly on 30 days from the date of invoice from the Company.

All Intellectual Property Rights in all work supplied by the Company remain the sole and exclusive Property of the Company until such time as the Client has paid all outstanding invoices in full with the exception of any Intellectual Property that is owned by the Company and utilised for the purpose of delivery a project as agreed with the Client . On total completion of payment by the Client to the Company of all monies outstanding on any individual deliverable, all Intellectual Property Rights in that deliverable supplied by the Company then reside totally and into perpetuity with the Client with the exception of any Intellectual Property that is owned by the Company.

Any queries relating to invoices must be notified to AFC Totton 1886 Limited, in writing, within 14 days of the date of the invoice. All invoices will be deemed as accepted by the Client unless said written notification is received.

Late Payment – In accordance with the Late Payment of Commercial Debts [interest] Act, interest becomes payable if any debt is not paid after 30 days from the date of invoice. Legally, the rate that can be charged is 8% above the prevailing Bank of England base rate at that time. AFC Totton 1886 Limited’s policy is currently to charge interest at 5% above Bank of England base rate. The company reserves the right to amend this rate at any time. In addition to the above, compensation for late payment is also now legally applicable and will be invoiced at the following rates per invoice: Interest and/or compensation will be payable at the rate/rates described above on all outstanding invoices dated after 1 October 2016 if payment is not received in full on or within 30 days from the date of invoice, in line with Government legislation.