Author: N. Train
1 February 2017
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In the third note in this series, David Shields provides a brief guide to the formation of a professional services contract and the obligations this entails.
In the first note in this series, Norman Train stresses the importance of making clear from the outset what an engineer will – and will not – do in return for their fee.
This month, our series turns its attention to cash flow. Peter Smith looks at the steps firms can take to ensure that invoices are paid promptly and how to address problems with late payments and debts.