Milestones and Payment Schedule Sample Clauses

Milestones and Payment Schedule. The ICO will pay the Grant to you in instalments on completion of the Milestones set out in Annex 3 of the Agreement. Payments will be made to the following bank account: [bank details of Grantee] [ICO Finance Team requirements] Please sign and return two copies of this letter to indicate your acceptance of the terms and conditions of the Grant. The ICO will not pay any Grant monies to you until this letter and the Grant Agreement have both been executed by it as set out below. SIGNED by: [Xxxxx Xxxx] for and on behalf of the The Information Commissioner …………………………………………………. Signature Title: [Head of International Strategy & Intelligence] Date: …………………………………………………. We have read and understand this grant offer letter and the attached Conditions and accept them on behalf of [name of organisation] SIGNED by: [insert authorised signatory’s name] for and on behalf of [insert name of Grant Recipient] ………………………………………………… Signature Title: ……………………………………………… Date: ……………………………………………… ANNEX 3 -Payment Schedule INSTALMENTS GRANT SUM PAYABLE DUE DATE Initial payment – [75%] Within 30 days of submission of your financial details following execution of the Agreement Final payment – [25%] Within 30 days of acceptance of your final report by ICO All Eligible Expenditure must be claimed net of VAT. The following costs/payments will be classified as Eligible Expenditure if made for the purposes of the Funded Activity [insert/delete as applicable]: Fees charged or to be charged to the Grant Recipient by the external auditors/accountants for reporting/certifying that the grant paid was applied for its intended purposes. giving evidence to Select Committees; attending meetings with Ministers or officials to discuss the progress of a taxpayer funded grant scheme; responding to public consultations, where the topic is relevant to the objectives of the grant scheme. This does not include spending government grant funds on lobbying other people to respond to the consultation; providing independent, evidence based policy recommendations to local government, departments or Ministers, where that is the objective of a taxpayer funded grant scheme, for example, ‘What Works Centres’; and providing independent evidence based advice to local or national government as part of the general policy debate, where that is in line with the objectives of the grant scheme. A payment is defined as taking place at the moment when money passes out of Grant Recipient control. This may take place when: L...

Milestones and Payment Schedule. Payment for services rendered pursuant to this Agreement shall be provided to ARTIST upon satisfactory completion of the milestones described herein as follows: a. CITY shall pay ARTIST Dollars ($ ) within thirty (30) days of receiving and approving a billing statement for executing this Agreement. b. CITY shall pay ARTIST Dollars ($ ) within thirty (30) days of receiving and approving a billing statement for satisfactory completion of the approved ARTWORK design. SAMPLE c. CITY shall pay ARTIST Dollars ($ ) within thirty (30) days of receiving and approving a billing statement for satisfactory completion of the d. CITY shall make final payment within thirty (30) days of receiving and approving a billing statement for the satisfactory delivery and installation of the ARTWORK.

Milestones and Payment Schedule. Fees: If Company has fewer than 150 employees, the following fee schedule applies. Please note, that the direct hire fee of $8,400, for such companies with fewer than 150 employees, may be spread over twelve months resulting in a monthly payment of $700. Timing of Hire Hourly Contract* Hire Fee at End of Period Hire Fee During Period During or After Program Completion $8,400 N/A Days 1-89 after Program Completion $48/hour $2,500 $8,400 Days 90-179 after Program Completion $45/hour $1,500 $2,500 Days 180-365 after Program Completion $40/hour $0 $1,500 If Company has 150 or more employees, the following fee schedule applies. Timing of Hire Hourly Contract* Hire Fee at End of Period Hire Fee During Period Up to Week 10 of Program $10,000 N/A Week 11 to up to Program Completion $12,000 N/A Days 1-89 after Program Completion $48/hour $2,500 $12,000 Days 90-179 after Program Completion $45/hour $1,500 $2,500 Days 180-365 after Program Completion $40/hour $0 $1,500

Milestones and Payment Schedule. Table 1. Payment schedule and Milestones Table TASKS PAYMENT (% of the Contract Price) Approval of Legislation Gap Analysis Report 25% Approval of Policy Interaction Assessment Report 25% Approval of Final ETS Design Report 25% Approval of Final Report 25% Kick-off Meeting First week Turkish ETS Design Report 1st – 9th Months Legislation gap analysis report 1st -2nd Months Coordination with DoCC 1st-12th Months Stakeholder consultations 1st-9th Months Drafting ETS Secondary legislation 3rd-9th Months Policy Interaction Assessment Report 5th Month Preparations of National Allocation Plan for Pilot Phase 5th-7th Months Stakeholder Awareness Raising (Workshop Organizations) 10th-12th Months Final Report 12th Month

Milestones and Payment Schedule. ARK does not guarantee or make any assurance that any, or any minimum or particular volume of services will be ordered under this Agreement. Payments will be made to the service provider by bank transfer on a monthly basis, upon receiving an itemized invoice, log sheets, following successful delivery of services.