Phase I – Concept Development Clause Samples
The 'Phase I – Concept Development' clause defines the initial stage of a project where the primary focus is on generating, refining, and evaluating ideas or concepts. During this phase, parties typically collaborate to outline project objectives, assess feasibility, and develop preliminary plans or prototypes. This clause ensures that all stakeholders have a clear understanding of the project's direction before committing significant resources, thereby reducing the risk of misalignment or wasted effort in later stages.
Phase I – Concept Development. 1) Peko has developed two concepts for this program and has presented these concepts to ViewRay during a site visit at ViewRay on June 9, 2010. The leading concept involves the [***] Although this concept at the time may not have been the most desired concept, more discussions on this concept may also take place.
2) Specification Document – A document will be generated to serve as the specification for [***]