Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are down payments for contractual services allowable, e.g., the down payment for a speaking consultant?

April 26, 2017allowable consultant contractual down payment PAYMENTS Services Speaking

0

Posted

Are down payments for contractual services allowable, e.g., the down payment for a speaking consultant?

1 Answer

0

Posted

A down payment with the balance due upon completion of work is allowable if reasonable and necessary, customary in the consultant’s line of work, and pursuant to a written agreement between the grantee and consultant.