Veenendrecht Payments - Order Form (signed)
Documentexecuted Veenendrecht Payments · order form · executed · 22 Jan 2026
Executed Growth order form signed 22 Jan 2026, term 5 Feb 2026 to 4 Feb 2027. Subscription £48k a year after a 5% first-term discount, plus £12k implementation. Availability 99.5%, P1 first response 1 hour within business hours.
What it says
What this says
As at Fri 9 Oct 2026Executed Growth order form signed 22 Jan 2026, term 5 Feb 2026 to 4 Feb 2027. Subscription £48k a year after a 5% first-term discount, plus £12k implementation. Availability 99.5%, P1 first response 1 hour within business hours.
What it is: an executed order form under the Master Services Agreement for the Growth tier, signed by BG-Demo and the customer on 22 Jan 2026. It is the contracted position and beats any draft or CRM figure.
Commits: the subscription is £48k annual recurring, billed quarterly, with payment 30 days from the invoice date. Implementation is a one-off £12k. Total contract value is £60k.
Unusual: the 5% discount applies "to the first term only", so the renewal falls back to the list price of £50k in the unit price line. The credit basis is "Availability only", and data freshness is not credited.
Not settled: the customer signatory's name is not given, only "Authorised signatory". The notice period for renewal sits in the Master Services Agreement, which this document does not reproduce.
As found in this document
As at Fri 9 Oct 2026- Date end4 Feb 2027Source: the AI read of this record
- Date renewal4 Feb 2027Source: the AI read of this record
- Date signed22 Jan 2026Source: the AI read of this record
- Date start5 Feb 2026Source: the AI read of this record
- Price£47,500Source: the AI read of this record
- Annual recurring subscription£47,500Source: the AI read of this record
- One-off implementation fee£12,000Source: the AI read of this record
- Total contract value£59,500Source: the AI read of this record
- Billing frequency for the subscriptionquarterlySource: the AI read of this record
- Payment terms30 days from the invoice dateSource: the AI read of this record
- Availability99.5%Source: the AI read of this record
- P1 first response1 hour, within business hoursSource: the AI read of this record
- Service credit10% of one month's fee, for each month with an availability breachSource: the AI read of this record
- Credit basisAvailability onlySource: the AI read of this record
- Term5 Feb 2026 to 4 Feb 2027Source: the AI read of this record
The document
Body
Veenendrecht Payments - Order Form (signed)
Status: Executed Version: 1 Signed: 22 Jan 2026
This order form is made under the Master Services Agreement between BG-Demo and Veenendrecht Payments and forms part of it.
1. Parties
| Supplier | BG-Demo, London |
| Customer | Veenendrecht Payments, Utrecht, Netherlands |
| BG-Demo account owner | Matteo Ricci |
| BG-Demo customer success manager | Elena Novak |
| BG-Demo sales contact | Sophie Ling, Account Executive |
2. Subscription tier
The customer subscribes to the Growth tier of B-Glass, run inside the customer's own Snowflake account.
3. Order lines
| SKU | Description | Qty | Unit price | Discount | Net amount | Type |
|---|---|---|---|---|---|---|
| SUB-GROWTH | B-Glass – Growth | 1 | £50k | 5% | £48k | Annual recurring |
| IMP-GROWTH | Implementation – Growth (8 weeks, up to 8 connectors) | 1 | £12k | 0% | £12k | One-off |
4. Contract value
| Item | Amount |
|---|---|
| Annual recurring subscription | £48k |
| One-off implementation fee | £12k |
| Total contract value | £60k |
Read the whole document (2,203 characters)
The discount applies to the subscription line only and to the first term only.
5. Term
| Start date | 5 Feb 2026 |
| End date | 4 Feb 2027 |
The subscription renews in line with the Master Services Agreement unless notice is given as set out there.
6. Billing and payment
- Billing frequency for the subscription: quarterly.
- Payment terms: 30 days from the invoice date.
- All amounts are in pounds sterling (GBP).
7. Service levels
| Measure | Commitment |
|---|---|
| Availability | 99.5% |
| P1 first response | 1 hour, within business hours |
| Service credit | 10% of one month's fee, for each month with an availability breach |
| Credit basis | Availability only |
The nightly refresh follows the standard service level for the Growth tier. Data freshness is not a credited measure under this order form.
8. Signatures
Signed for and on behalf of BG-Demo
Name: Sophie Ling Title: Account Executive Date: 22 Jan 2026
Signed for and on behalf of Veenendrecht Payments
Title: Authorised signatory Date: 22 Jan 2026
Unusual terms
As at Fri 9 Oct 2026- 5% discount on first term only
- Credit for availability only, not data freshness
- Renews in line with the Master Services Agreement