Fixed Price Milestone Payment Method. Payments shall be made in accordance with the Payable Milestone Schedule of each Project Agreement, provided the designated AOR has verified compliance with the Statement of Work and accomplishment of the stated effort. The Payable Milestone Schedule may be revised as appropriate and deemed necessary by issuance of a bilateral modification to the Project Agreement. Quarterly reviews by the AOR and the CMF will assess the need for revisions to the Payable Milestone Schedule. An acceptable invoice for adjustable fixed price milestone payments is one that (on the invoice or on the Payable Milestone Report): (i) contains the date of invoice and the Base Agreement number and Project Agreement number; (ii) identifies any associated technical milestones and the progress toward completion of each milestone; and (iii) lists the milestone cost negotiated and contained in each Project Agreement

Fixed Price Milestone Payment Method. Payments shall be made in accordance with the Payable Milestone Schedule of each Research Project Award, provided the designated SOTR has verified compliance with the Statement of Work and accomplishment of the stated effort. The Payable Milestone Schedule may be revised as appropriate and deemed necessary by issuance of a bilateral modification to the Research Project Award. Quarterly reviews by the SOTR and the CM will assess the need for revisions to the Payable Milestone Schedule. An acceptable invoice for adjustable fixed price milestone payments is one that (on the invoice or on the Payable Milestone Report): contains the date of invoice and the Base Agreement number and Research Project Award number; identifies any associated technical milestones and the progress toward completion of each milestone; and lists the milestone cost negotiated and contained in each Research Project Award Cost Reimbursable Milestone Payment Method (with not to exceed ceiling): Payment is contingent upon satisfactory progress toward completion of milestones as delineated in Research Project Award. Payment shall be made based on actual costs incurred in completing milestones up to the maximum amount allowable under the applicable Research Project Award, provided the designated SOTR has verified compliance with the Statement of Work and accomplishment of the stated effort. 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 in accordance with each Research Project Award): contains the date of invoice and the Base Agreement number and Research Project Award number; identifies any associated technical milestones and the progress toward completion of each milestone; includes a description of supplies and services, labor costs, subcontractor costs, material costs, travel costs, other direct costs, indirect costs, and extended totals; indicates the current period and cumulative man-hours and costs incurred through the period indicated on the invoice; and contains the following certification statement: “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 ___...

See All (4)

Fixed Price Milestone Payment Method. Payments shall be made in accordance with the Milestone Payment Schedule of each prototype project agreement, provided the designated AOR has verified compliance with the Statement of Work and accomplishment of the stated effort. An acceptable invoice for adjustable fixed price milestone payments is one that (on the invoice or on the Milestone Report): 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 the milestone number and deliverable description for any milestone(s) that are complete; and iv. lists the milestone amount negotiated and contained in each prototype project agreement.

Fixed Price Milestone Payment Method. Payments shall be made in accordance with the Milestone Payment Schedule of each Project Agreement, provided the designated AOR has verified compliance with the Statement of Work and accomplishment of the stated effort. An acceptable invoice for adjustable fixed price milestone payments is one that (on the invoice or on the Milestone Report): i. Is addressed to: Advanced Technology International 000 Xxxxx Xx. ii. contains the date of invoice, invoice number, and the Base Agreement and Project Agreement number (20XX-XXX Project Agreement X);

Fixed Price Milestone Payment Method. Payments shall be made in accordance with the Milestone Payment Schedule of each prototype project agreement, provided the designated AOR has verified compliance with the Statement of Work and accomplishment of the stated effort. An acceptable invoice for adjustable fixed price milestone payments is one that (on the invoice or on the Milestone Report): i. Is addressed to the CM and contains the CM’s address; Advanced Technology International Xxxxxxxxxxx, XX 00000‌ ii. contains the date of invoice and invoice number and the Base Agreement and prototype project agreement number;

Fixed Price Milestone Payment Method. Payments shall be made in accordance with the Milestone Payment Schedule of each OTIA, provided the designated AOR has verified compliance with the Statement of Work and accomplishment of the stated effort. The Milestone Payment Schedule may be revised as appropriate and deemed necessary by issuance of a bilateral modification to the OTIA. Quarterly reviews by the AOR and the CMF will assess the need for revisions to the Milestone Payment Schedule. An acceptable invoice for adjustable fixed price milestone payments is one that (on the invoice or on the Milestone Report): a. Is addressed to the CMF and contains the CMF’s address; Advanced Technology International 000 Xxxxx Xx. b. contains the date of invoice and agreement number (20XX-XXX OTIA X);

Fixed Price Milestone Payment Method. Payments shall be made in accordance with the Milestone Schedule of each Prototype Award, provided the designated AOTR has verified compliance with the Statement of Work and accomplishment of the milestone(s). The Milestone Schedule may be revised as appropriate and deemed necessary by issuance of a bilateral modification to the Prototype Award. Quarterly reviews by the AOTR and the CM will assess the need for revisions to the Milestone Schedule. An acceptable invoice for fixed price milestone payments is one that (on the invoice or on the Milestone Report): i. contains the date of invoice and the Base Agreement number and Prototype Award number; ii. identifies any associated milestones that are complete ; and iii. lists the milestone amount negotiated and contained in each Prototype Award.

Fixed Price Milestone Payment Method. Payments shall be made in accordance with the Payable Milestone Schedule of each Project Award, provided the designated PAR has verified compliance with the Statement of Work and accomplishment of the stated effort. An acceptable invoice for fixed price milestone payments is one that: i. is addressed to the CMF and contains the CMF’s address: Advanced Technology International 000 Xxxxx Xxxxx Summerville, SC 29486 3The decision to require progress reports at quarterly or monthly intervals will be determined by the PAR during RPP and project development phases. ii. contains the date of invoice, invoice number, and the Base Agreement number and Project Award number (20XX-XXX #X); iii. identifies the milestone number and description for any milestone(s) that are complete; and iv. lists the milestone cost negotiated and contained in the Project Award

Fixed Price Milestone Payment Method Sample Clauses

Filter & Search

Related Clauses

Parent Clauses