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Counter the contract? Are they willing to talk and at least strike the
Net 30 for "upon receipt"? I've gone two routes with regard to
contracts.
1) X per hour billed weekly, due upon receipt. This gave me a regular pay check.
2) Lump billing (for very concrete jobs) with a 50% retainer up front
prior to starting the work, payable Net 30.
On Tue, Apr 19, 2011 at 8:14 AM, Trish Robertson
<trish -dot- robertson -at- comcast -dot- net> wrote:
> Hi,
>
> I just received a contract for a six- to eight-week gig on a 1099 that states these payment terms: "$X per hour billed bi-weekly and payable net 30 days." I am very uncomfortable with that delay. Not only do I need money sooner than six weeks, but, potentially, I could complete my contract before seeing any money--and who knows whether they will pay.
>
> Previously, when working on a 1099, I was payed within two days.
>
> I believe that in Massachusetts, permanent employees must be paid bi-weekly, but are there any rules governing the timeliness of payment to consultants/contractors?
>
> Does anyone have any insight about this issue?
>
> Thanks, Trish
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