Invoice Dispute Resolution Template

An Invoice Dispute Resolution template is a legal document that outlines the process and procedures for resolving disputes related to invoices between a service provider or seller and a customer or buyer.

What it is:
The Invoice Dispute Resolution template is a structured contract that formalizes the method by which disputes over invoices are to be addressed and resolved. It details the steps for raising a dispute, timelines for response, methods of communication, evidence requirements, negotiation procedures, mediation or arbitration options, and any other relevant terms and conditions. This agreement aims to provide a clear and efficient framework for handling disagreements regarding invoice amounts, services rendered, or goods delivered.

When it is used:
This template is used whenever a disagreement arises over an invoice issued by a service provider or seller to a customer or buyer. It is commonly employed in business transactions across various industries, where the accuracy, fairness, or legitimacy of an invoice is contested. It helps both parties to resolve disputes amicably and avoid escalation to legal proceedings.

By whom:
The Invoice Dispute Resolution template is typically prepared by legal professionals or contract specialists and is agreed upon by both the invoicing party (service provider or seller) and the receiving party (customer or buyer). It is often included as part of the broader contractual agreements between businesses to preemptively address potential disputes.

Legal base:
The legal basis for Invoice Dispute Resolution Agreements in the UK is grounded in contract law principles. These agreements must comply with the relevant provisions of the Sale of Goods Act 1979, the Supply of Goods and Services Act 1982, and the Late Payment of Commercial Debts (Interest) Act 1998. These laws provide the framework for determining the rights and obligations of the parties, ensuring that the dispute resolution process is fair, transparent, and legally enforceable.

Potential fines and situations when they may be imposed:
Failure to adhere to the agreed-upon dispute resolution process can result in legal consequences and financial penalties. Potential fines and legal consequences may arise from breaches such as non-compliance with the dispute resolution procedure, failure to engage in good faith negotiations, or ignoring the outcome of mediation or arbitration. Legal consequences can include court orders for payment of the disputed amount, damages for breach of contract, and additional costs incurred due to delayed payments or litigation. Situations that may trigger these consequences include refusal to participate in the dispute resolution process, unreasonably withholding payment, or failing to comply with the agreed settlement terms.

Utilizing this template ensures that both parties have a clear and legally compliant framework for resolving invoice disputes, thereby protecting their interests and promoting efficient and amicable resolutions.

The Invoice Dispute Resolution template serves as a flexible form applicable across various situations. Delivered in Microsoft Word, it is crafted in straightforward language for effortless utilization and modification.

Please enable JavaScript in your browser to complete this form.

Name *

Email *

Referred by

Submit