Forecast Rate of Payment. The forecast rate of payment schedule linking the values of completed activities as per the Accepted Program indicates (at base date values) the following: (i) The expected value of monthly invoicing from the starting date to the completion date including a statement of all payments made by the Employer.
Appears in 3 contracts
Samples: Nec3 Engineering & Construction Contract, Nec3 Engineering & Construction Contract, Nec3 Engineering & Construction Contract
Forecast Rate of Payment. The forecast rate of payment schedule linking the values of completed activities as per the Accepted Program indicates (at base date values) the following:
(i) The expected value of monthly invoicing from the starting date to the completion date including a statement of all payments made by the Employer.
Appears in 1 contract