Contract FAQs Flashcards
common knowledge around closing and MSAs
1
Q
what are our standard payment terms? Can we do anything different?
A
net 30.
we can do net 45 but theyd need to pass a debt review.
2
Q
Lead time after contract execution to get the project team assigned?
A
5 -7 biz days
3
Q
Close lost vs close deferred?
A
lost- to competitor
deferred- not priority/ did nothing
4
Q
A
