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Response to the Invitation to Tender G- Cloud Procurement Vehicle 12 Terms − All prices are fixed for 60 days. − Prices quoted exclude VAT, which will be applied at the appropriate rate. − On acceptance of the Property Portal, monthly charges will be invoiced quarterly in advance. Invoices will be due for payment within 30 days. On the anniversary of the contract monthly charges will be increased in line with the Retail Price Index. − − TerraQuest’s standard terms and conditions can be provided on request. Any enhancements to the agreed generic functionality or change in scope of Service will be subject to commercial consideration by TerraQuest, and is reflected in changes to monthly charges or other charging options. © TerraQuest Subject to Contract and Commercial in Confidence Private and Confidential