Supplier Activities: How to SUBMIT for approval - esa-p

esa-p impact on Suppliers: Payment duedatesPayment due dates are calculated in the following way: Payment due date = Payment baselinedate + payment terms (30 days per default, unless contractually agreed otherwise).The payment baseline date is the date when both A) the MAC/Confirmation and B) the invoice areapproved by the Prime contractor (see picture) and are received by ESA. Only when both theseconditions have been met, the payment term starts.An invoice always has to be complemented by a MAC/Confirmation. In exceptional circumstances, aMAC/Confirmation can be created and approved by ESA directly, with mutual agreement between ESAand contractor.Sub(s)PrimeMAC/ConfirmationApproveApproveAApproveInvoiceApproveApproveBApprove| Page 7