Common use of Expenditure Based Milestone Payment Method Clause in Contracts

Expenditure Based Milestone Payment Method. (with not to exceed ceiling): Payment is contingent upon satisfactory progress toward completion of milestones as delineated in each individual Task Order as Attachment 3. Payment shall be made based on actual costs incurred in completing milestones up to the maximum amount allowable under this Agreement, provided the designated PTR (if applicable) has verified compliance with the Statement of Work and accomplishment of the stated effort. The Recipient will normally fund any costs incurred above this maximum amount. Either a Status Report identifying any associated technical tasks and the progress toward completion of each milestone, a Deliverable Report, or a Milestone Report is required concurrent with the invoice. An acceptable invoice for reimbursable payment is one that (on the invoice or on the attached Status, Deliverable, or Milestone Report required by each individual Task Order Attachment 2): • contains the date of invoice and agreement number; • identifies any associated technical milestones and the progress toward completion of each milestone; • includes a discussion of the cost share expended towards the accomplishment of the tasks and/or milestone (this cost share discussion may be attached to the invoice if contractor practices make inclusion of such information on the invoice itself impractical); • includes a description of supplies and services, labor costs, subcontractor costs, material costs, travel costs, other direct costs, and extended totals; and • indicates the current period and cumulative manhours and costs incurred through the period indicated on the invoice. • each invoice should also include the following written certification: “I certify that the amounts invoiced are for costs incurred in accordance with the agreement, the work reflected has been performed, and prior payment has not been received.”

Expenditure Based Milestone Payment Method. (with not to exceed ceiling): ) for Consortium Members subject to full Cost Accounting Standards on other agreements or contracts: Payment is contingent upon satisfactory progress toward completion of milestones as delineated in each individual Task Order as Attachment 3prototype project agreement and subject to Article 24, Allowable Costs. Invoices submitted that include charges for travel, subsistence, and lodging shall be supported by a copy of the employee's travel expense report, or itemized report, with copies of all receipts for expenses in excess of $75 to be kept on file at the Consortium Members’ facility. These supporting documents will not be submitted to CM but shall be maintained at the Consortium Members’ facility, and should the circumstances dictate, copies of the substantiating document(s) shall be provided to the appropriate Government audit agency. All travel charges for meals, incidental expenses (M&IE) and lodging shall be at the Government Per Diem Rates found at: xxxxx://xxx.xxx.xxx/travel/plan-book/per-diem-rates. Payment shall be made based on actual costs incurred in completing milestones up to the maximum amount allowable under this Agreementthe applicable prototype project agreement, provided the designated PTR (if applicable) AOR has verified compliance with the Statement of Work and accomplishment of the stated effort. The Recipient will normally fund any costs incurred above this maximum amount. Either Per (iii) below, either a Status Report identifying any associated technical tasks and the progress toward completion of each milestone, a Deliverable Reportdeliverable report, or a Milestone Report milestone report is required concurrent with the invoice. An acceptable invoice for reimbursable payment is one that (on the invoice or on the attached Statusstatus, Deliverabledeliverable, or Milestone Report required by milestone report in accordance with each individual Task Order Attachment 2): • prototype project agreement): i. Is addressed to the CM and contains the CM’s address; Advanced Technology International‌‌ Summerville, SC 29486‌ ii. contains the date of invoice and invoice number and the Base Agreement and prototype project agreement number; • identifies any associated technical milestones and the progress toward completion of each milestone; • includes a discussion of the cost share expended towards the accomplishment of the tasks and/or milestone (this cost share discussion may be attached to the invoice if contractor practices make inclusion of such information on the invoice itself impractical); • includes a description of supplies and services, labor costs, subcontractor costs, material costs, travel costs, other direct costs, and extended totals; and • indicates the current period and cumulative manhours and costs incurred through the period indicated on the invoice. • each invoice should also include the following written certification: “I certify that the amounts invoiced are for costs incurred in accordance with the agreement, the work reflected has been performed, and prior payment has not been received.”;

Expenditure Based Milestone Payment Method. (with not to exceed ceiling): ) for Consortium Members subject to full Cost Accounting Standards on other agreements or contracts: Payment is contingent upon satisfactory progress toward completion of milestones as delineated in each individual Task Order as Attachment 3prototype project agreement and subject to Article 24, Allowable Costs. Invoices submitted that include charges for travel, subsistence, and lodging shall be supported by a copy of the employee's travel expense report, or itemized report, with copies of all receipts for expenses in excess of $75 to be kept on file at the Consortium Members’ facility. These supporting documents will not be submitted to CM but shall be maintained at the Consortium Members’ facility, and should the circumstances dictate, copies of the substantiating document(s) shall be provided to the appropriate Government audit agency. All travel charges for meals, incidental expenses (M&IE) and lodging shall be at the Government Per Diem Rates found at: xxxxx://xxx.xxx.xxx/travel/plan- book/per-diem-rates. Payment shall be made based on actual costs incurred in completing milestones up to the maximum amount allowable under this Agreementthe applicable prototype project agreement, provided the designated PTR (if applicable) AOR has verified compliance with the Statement of Work and accomplishment of the stated effort. The Recipient will normally fund any costs incurred above this maximum amount. Either Per (iii) below, either a Status Report identifying any associated technical tasks and the progress toward completion of each milestone, a Deliverable Reportdeliverable report, or a Milestone Report milestone report is required concurrent with the invoice. An acceptable invoice for reimbursable payment is one that (on the invoice or on the attached Statusstatus, Deliverabledeliverable, or Milestone Report required by milestone report in accordance with each individual Task Order Attachment 2): • prototype project agreement): i. Is addressed to the CM and contains the CM’s address; Advanced Technology International‌ 315 Sigma Dr.‌ ii. contains the date of invoice and invoice number and the Base Agreement and prototype project agreement number; • ; iii. identifies any associated technical milestones and the progress toward completion of each milestone; • includes a discussion of the cost share expended towards the accomplishment of the tasks and/or milestone (this cost share discussion may be attached to the invoice if contractor practices make inclusion of such information on the invoice itself impractical); • ; iv. includes a description of supplies and services, labor costs, subcontractor costs, material costs, travel costs, other direct costs, fixed fee, if applicable, and extended totals; and • indicates the current period and cumulative manhours and costs incurred through the period indicated on the invoice. • each invoice should also include the following written certification: “I certify that the amounts invoiced are for costs incurred in accordance with the agreement, the work reflected has been performed, and prior payment has not been received.”;

Expenditure Based Milestone Payment Method. (with not to exceed ceiling): ) for Consortium Members not subject to full Cost Accounting Standards on other agreements or contracts: Payment is contingent upon satisfactory progress toward completion of milestones as delineated in each individual Task Order as Attachment 3prototype project agreement and subject to Article 24, Allowable Costs. Payment shall be made based on actual costs incurred in completing milestones up to the maximum amount allowable under this Agreementthe applicable prototype project agreement, provided the designated PTR (if applicable) AOR has verified compliance with the Statement of Work and accomplishment of the stated effort. The Recipient will normally fund any costs incurred above this maximum amount. Either Per (iii) below, either a Status Report identifying any associated technical tasks and the progress toward completion of each milestone, a Deliverable Reportdeliverable report, or a Milestone Report milestone report is required concurrent with the invoice. An acceptable invoice for reimbursable payment is one that (on the invoice or on the attached Statusstatus, Deliverabledeliverable, or Milestone Report required by milestone report in accordance with each individual Task Order Attachment 2): • prototype project agreement): i. Is addressed to the CM and contains the CM’s address; Advanced Technology International‌ 315 Sigma Dr.‌ ii. contains the date of invoice and invoice number and the Base Agreement and prototype project agreement number; • ; iii. identifies any associated technical milestones and the progress toward completion of each milestone; • includes a discussion of the cost share expended towards the accomplishment of the tasks and/or milestone (this cost share discussion may be attached to the invoice if contractor practices make inclusion of such information on the invoice itself impractical); • ; iv. includes a description of supplies and services, labor costs, subcontractor costs, material costs, travel costs, other direct costs, fixed fee (if applicable), and extended totals; and • totals;‌ v. indicates the current period and cumulative manhours and costs incurred through the period indicated on the invoice; and vi. • each invoice should also include contains the following written certificationcertification statement and signature: “I certify that the amounts invoiced are for costs incurred in accordance with the agreement, the work reflected has been performed, and prior payment has not been received.”” Authorized Signature