Terms and conditions
D Lane Engineering Limited
We are a small, family-based company and pride ourselves on a personal and fair approach. We understand that cash flow issues or accounting delays can sometimes affect payment timelines. If you're having difficulty meeting an invoice deadline, please contact us as soon as possible—we’re happy to discuss options and offer support where we can.
By commissioning work from D Lane Engineering, you agree to the following:
- Payment Terms:
Invoices are due within 30 days of issue.
- Late Payments:
Statutory interest (8% plus the Bank of England base rate) will be applied to overdue invoices, in line with business-to-business legislation.
- Debt Recovery Charges:
A fixed fee will be added to cover the cost of recovering late payments, calculated according to the outstanding debt. This applies once per invoice.
- Work Suspension:
Work will be paused if payment is not received within the agreed terms.
- Overdue Accounts (60+ Days):
Invoices unpaid after 60 days may be referred to mediation or pursued through a formal claim process, in line with late payment legislation.