Terms and Conditions of Contracts for Projects from POME by Gautam Koppala VT
officially recommend credit terms for any customer. Prior to offering any credit terms to a customer, or including such terms in proposals or contracts, those credit terms must be recommended in advance by CTS and approved in accordance with Corporate Treasury policy. The Corporate policies referenced below provide complete guidance on the process to obtain approved credit terms, including “standard” net 30 day terms, baseline terms (terms specific to countries and/or customers), extended credit terms (longer than 30 days) and customer financing.
Customer Financing:
The objective of Corporate Treasury and CTS is to work with the business units to collectively satisfy customer requirements for financing and pursue the corporate growth initiatives while meeting cash flow goals and corporate policy.
Any need or request for innovative
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