Contracting, Orders, Invoices, and Payments

NRG partners with suppliers under clear and standardized contracting terms to ensure transparency, compliance, and efficiency. Understanding these terms helps suppliers deliver goods and services while avoiding delays or misunderstandings.

• NRG uses standardized agreements tailored to the scope, risk, and type of service or product.
• Suppliers are expected to review and acknowledge these terms before engagement.
• Contracts outline expectations for quality, safety, compliance, and delivery.
• Payment terms: NRG’s standard payment terms are Net 60 from the date of invoice, unless otherwise specified in the contract or PO.

• Purchase Orders (POs) are issued for most goods and services; non-PO transactions follow separate approval processes.
• Suppliers should reference POs on all invoices to ensure timely processing.
• Invoices should include accurate billing information, line items, and required documentation.

• NRG processes payments according to the terms in the contract or PO.
  
• Payment methods may include ACH, wire transfer, or other agreed-upon methods.
• Keeping company information and banking details up to date ensures faster payment.

Clear understanding of contracting, ordering, invoicing, and payment processes helps minimize delays, maintain compliance, and foster a strong partnership with NRG.