HOW-TO MANUAL

Contents

How-To Manual

Section

BOMA BEST Policies

TITLE

Policy 10: Payment Period and Late Payments

All fees must be paid in full within 30 days of the invoice date. 

Applicants with outstanding balances are not eligible to request or undergo verification. Certifications may be suspended or cancelled for non-payment.  

Annual interest of 2.5% compounded weekly may be applied to overdue payments.  

BOMA reserves the right to adjust the interest rate at its discretion 

Access to the BOMA BEST hub may be restricted until outstanding payments are resolved. 

The Application Fee must be paid in full within 30 days of the invoice date. Buildings cannot request or undergo verification and subsequent certification without full payment of the Application Fee.