We are a net-15 company. Your bill is due 15 days after the date of the invoice. There is a 14-day grace period, in which late payments received after the 15th day from the date of the invoice, and on or before the 29th day from the date of the invoice are not subjected to late fees. Invoices contested by the customer within the 29-day period shall receive a 10-day extension of the grace period.
Payments made on the 30th or later may be subjected to late fees and/or disruption of services. Please review the Late Fee Policy for more information. Exceptions may be made for invoices which are named as part of a written payment plan signed by both parties.
Summit Technology has the right to refuse payment plans, services, and licensing to any customer at any time—but especially for non-payment. If Summit Technology determines that a customer is not creditworthy or adequately financially secure; Summit may require full payment for a period before services and products are provided.
Returned payments are subject to a $30 Returned Payment Fee and late fees.
Recurring contracts, such as monthly support, services, and licensing, shall be billed monthly at the beginning of each month.
One-time invoices, such as most installation, additional services and consultations, most projects, and other one-time or occasional services will be billed upon completion. Large installation and projects may be billed in several recurring invoices per written agreement.