Interior Design Payment Statement

Project Information

• Client Name: [Second Party]

• Project Address: [Second Party Address]

• Project Description: Renovation of living room and kitchen spaces in the client's residence.

Fee Structure

• Design Fee: $[0]

• Consultation Fee (if applicable): $[0]

• Reimbursable Expenses: Actual cost of materials and travel

• Total Project Fee: $[0]

Payment Schedule

Reimbursable Expenses

• Description of expenses eligible for reimbursement: Cost of materials (receipts will be provided)

• Billing frequency: Reimbursable expenses will be invoiced monthly and are due upon receipt.

Terms and Conditions

• Late Payment Policy: A late fee of 1.5% per month will be applied to overdue balances.

• Additional Charges Policy: Any changes or additions requested by the client beyond the scope of the original agreement may incur additional charges, which will be discussed and agreed upon in writing.

• Termination Policy: Either party may terminate this agreement with written notice. In the event of termination, the client agrees to pay for services rendered up to the termination date.

• Ownership of Design Work: The client will have ownership rights to the final design work upon full payment of all fees.

• Dispute Resolution: Any disputes arising from this agreement will be resolved through mediation or arbitration.

Signature

I, [Second Party], hereby confirm that I have carefully reviewed and fully agree to adhere to the terms and conditions as set forth in this Interior Design Payment Statement.

[Second Party]

[Date]

[Your Name]

[Your Company Name]

[Date]

Interior Design Templates @ Template.net