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This budget proposal is conditioned upon the ability to complete the premises at present prices for materials and equipment. If AEU is unable <br />to complete the above -described project at current prices for materials and equipment, the contract sum shall be equitably adjusted to <br />compensate for increased costs. A change in price of an item of material or equipment will be considered significant when the price increases <br />15% between the date of this budget and the date of the applicable work. <br />Billing & Pavrnent Terms - <br />The Contractor will invdo the Custorner typically at monthly intervals, and/or at the end of a project. Invoices will be sent via mail to <br />Customer's designated representative fisted above. The Contractor reserves the right to bill for materials purchased, but not yet delivered or <br />on site. The default due date for payment will be 30 days from the invoice date and will be fisted on each invoice. Interest will accrue on late <br />at a rate of 1.5% per month. <br />