CMG301 MOD 3 CA Essay Example | Topics and Well Written Essays - 500 words

CMG301 MOD 3 CA - Essay Example On receipt of the customers’ notice of dissatisfaction, the contractor will first attempt to resolve any outstanding issues directly with the customer. If this does not resolve the customers’ complaints, the matter will be referred to the State of Washington Contractors’ Association for mediation. Only if this does not resolve the matter are the parties free to litigate their differences. Unless otherwise agreed to by the contractor, the remaining $750 must be paid within 30 days of the customers’ acceptance of the work. 2) The remaining $500 still owing must then be paid in 5 consecutive monthly installments, with the first one due within 60 days of work completion and receipt of a final invoice. These deferred payments are subject to a 10% interest charge payable with the first installment. Therefore the deferred payments will be $100 each, with the exception of the first one which will be $150. The deferred payments including interest will be $550 and under this plan the total cost of the contract will be $1050. If this option is accepted by the contractor, this will be confirmed by an amendment to the contract signed by both