Prestatiedatum

Prestatiedatum is a term used in Dutch contract law and commercial practice to designate the date by which a performance or obligation must be fulfilled by one party to another. It refers to the moment when goods must be delivered, a service must be completed, or a specific achievement must be reached as agreed in the contract, order, or project plan.

The prestatiedatum is typically specified in the contract and can take the form of a fixed calendar date, a date within a defined period, or the date on which a milestone is reached. It serves as a timing anchor for performance obligations and often interacts with other dates in the agreement, such as the invoicing date, payment terms, and acceptance procedures.

Its interpretation can vary by context. In procurement and project management, the prestatiedatum helps determine when the buyer may perform acceptance testing and when the supplier can issue an invoice. In case of late performance, the non-delivery or delayed delivery may constitute wanprestatie (breach of contract) and can trigger remedies such as penalties, termination rights, or adjustment of payments. In some contracts, the prestatiedatum and the leverdatum (delivery date) coincide; in others, delivery may occur earlier or later than the date on which performance is deemed complete.

Examples illustrate typical usage: a service contract might require completion of the service by prestatiedatum, with acceptance and payment following upon successful completion. A supply contract may state that goods must be delivered by the prestatiedatum to qualify for payment under the agreed terms.

Notes: The exact meaning and consequences depend on the contract language and applicable law, making clear specification of the prestatiedatum essential to prevent disputes.