To ensure successful communication, efficiency, and safety in the business dealings with suppliers, we encourage all our partners to familiarize themselves with Norðurál’s purchasing terms and conditions. In the preparation of bids, design, and quality control, we follow various standards that are also important to understand. We also place great emphasis on creating a safe working environment where safety rules are followed thoroughly to prevent any accidents or incidents. The rules apply to everyone working within the Norðurál operational area.

Key Terms, Standards, and Safety Rules:

• Procurement Terms and Conditions
• Key Standards
• Safety Rules
• Privacy and Data Protection

 

Norðurál Payment Terms

Norðurál pays invoices for goods received and services rendered at the end of the following month after the delivery, provided that invoices are received no later than the fifth business day of the month following the delivery. Norðurál does not pay invoices via payment slips/bank orders. A separate invoice must be provided for each purchase order.

All invoices must include the purchase order number and the recipient’s bank and account number. The absence of this information may result in delayed payments.

If there are any changes in the supplier’s information, such as changes to the organization number, bank account, etc., please contact the purchasing representative of Norðurál.

 

Invoices

All invoices for projects or maintenance work submitted to Norðurál must include a specified project number. A separate invoice must be issued for each project (project number) that is undertaken.

An invoice will not be approved unless specified supporting documents accompany it, such as an approved timesheet, material report, or other documents related to the payment of the invoice.

Invoices must clearly and distinctly show the basis for labor or materials and the value-added tax amount. Furthermore, the invoice must break down the total cost for labor, materials, and the total number of hours worked. A sales invoice must be issued in the month the work is performed.

 

Please issue invoices to the appropriate company:

Norðurál Grundartangi ehf.
ID No. 570297-2609
Grundartangi
301 Akranes
VAT no. 54495

Norðurál ehf.
Id. no. 470404-2130
Skógarhlíð 12
105 Reykjavík
VAT no. 99744

Invoices must be sent electronically or by mail to:

Norðurál Grundartangi ehf.
Grundartangi
301 Akranes
Iceland