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CITY OF ALBANY PROCUREMENT DIVISION CENTRAL SERVICES DEPARTMENT ALBANY, GEORGIA INSTRUCTIONS TO BIDDERSThese instructions will bind bidders to terms and conditions herein set forth, except as specifically
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Favorable term discounts may be needed by individuals or businesses who want to benefit from reduced prices or better terms of payment.
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Ultimately, anyone who wants to save money or improve their cash flow can benefit from favorable term discounts.

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Favorable term discounts may refer to the discounts offered to customers who pay invoices early.
Businesses or individuals offering the discounts may need to file them for tax or accounting purposes.
Favorable term discounts may can be filled out by including details of the discount offered, the eligible invoice amounts, and the terms of payment.
The purpose of favorable term discounts may is to incentivize customers to settle invoices early and improve cash flow for the business.
Information that must be reported may include the discount percentage, eligible invoice amounts, terms of payment, and any conditions attached to the discount.
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