Interior Design Payment Statement
Interior Design Payment Statement
Project Information
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Client Name: [Second Party]
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Project Address: [Second Party Address]
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Project Description: Renovation of living room and kitchen spaces in the client's residence.
Fee Structure
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Design Fee: $[0]
-
Consultation Fee (if applicable): $[0]
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Reimbursable Expenses: Actual cost of materials and travel
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Total Project Fee: $[0]
Payment Schedule
|
Payment Milestone |
Amount Due |
Due Date |
|---|---|---|
|
Initial Deposit |
$[0] |
[Date] |
|
Design Phase |
$[0] |
[Date] |
|
Mid-Project |
$[0] |
[Date] |
|
Final Payment |
$[0] |
[Date] |
Reimbursable Expenses
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Description of expenses eligible for reimbursement: Cost of materials (receipts will be provided)
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Billing frequency: Reimbursable expenses will be invoiced monthly and are due upon receipt.
Terms and Conditions
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Late Payment Policy: A late fee of 1.5% per month will be applied to overdue balances.
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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.
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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.
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Ownership of Design Work: The client will have ownership rights to the final design work upon full payment of all fees.
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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]
