Work dating agreements
Reviewing agreements is important, because it allows you to confirm that your supplier is: It is advisable to carry out a review every 12 months.
If you have a large number of suppliers, and you’ve made agreements with them on different dates, review each agreement on its expiry date.
Section 106 (S106) Agreements are legal agreements between Local Authorities and developers; these are linked to planning permissions and can also be known as planning obligations.
Section 106 agreements are drafted when it is considered that a development will have significant impacts on the local area that cannot be moderated by means of conditions attached to a planning decision.
If the proposal is for a minor development you have the option of completing a Unilateral Undertaking instead of a full S106 Legal Agreement.
Self-billing is a commercial arrangement between a supplier and a customer in which the customer prepares the supplier’s invoice and forwards a copy to the supplier with the payment.
A Planning obligation will aim to balance the pressure created by the new development with improvements to the surrounding area ensuring that where possible the development would make a positive contribution to the local area and community.
The table below summarises what the make it clear if you intend to outsource responsibility for issuing the self-bills to a third party, such as an accounting bureau.
This is because your self-billed invoice replaces your supplier’s sales invoice.
If you do this, you should set the appropriate time limits on your original agreements when they’re made.
You must avoid self-billing a supplier at any time when you don’t have their written agreement to do so.
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