Free Interior Design Payment Statement Template

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

Payment Milestone

Amount Due

Due Date

Initial Deposit

$[0]

[Date]

Design Phase

$[0]

[Date]

Mid-Project

$[0]

[Date]

Final Payment

$[0]

[Date]

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]

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