How does the EPO pay suppliers?
Article 9 of the General Conditions of Contract
9.3 The EPO makes payments within 30 (thirty) calendar days of full delivery and performance and receipt of a duly issued invoice which is in accordance with Article 9.1 and 9.2. Payment is considered to be made on time if the EPO's payment order reaches its bank within this period.
9.4 In cases of a contract of sale or a contract for works, the EPO may, if so agreed elsewhere (e.g. in the Specific Conditions), withhold payment of up to 5% of the remuneration including turnover tax (gross remuneration) as a defects liability bond pending expiry of the limitation period for claims relating to defects (Article 17.2). The Contractor may redeem this bond by providing a defects liability guarantee in accordance with Article 12.