When “Payment Delay” Isn’t a Delay: Reframing Vendor Claims in the Context of Expired Advance Payment Guarantees
Introduction In procurement and contract management practice, few issues generate as much friction as disputes over payment timelines. Vendors frequently assert that payments have been delayed beyond contractual limits, often quantifying such delays in days and attaching financial implications such as interest or damages. On the surface, these claims may appear straightforward—an invoice was submitted, … Read more