All invoices issued by Onyva shall be paid within 14 days of issue. In the event of late payment, then the Client will pay to Onyva statutory interest on the amount unpaid, from the date when payment is due, until payment is made at the rate of 8% above the Bank of England base rate per month, this is calculated and payable monthly.
In addition, invoices unpaid for more than 60 days after the invoice due date will incur an additional surcharge of £30 or 5% of the outstanding amount, whichever sum is greater.
Onyva reserves the right to increase a quoted fee in the event that the client requests a variation or addition to the work agreed.