Common use of Project Milestone Clause in Contracts

Project Milestone. 6 Stage 1 All elements of Project Milestone 6 are completed to the reasonable satisfaction of the Department. 7 April 2015 Complete $4,000,000 Paid (comprising a payment of $3,638,715 in addition to the use of $361,285 Interest held by the State as per Item D.2.2) 6.1 State develops draft Monitoring Strategy outline Outline of draft Monitoring Strategy provided 6.2 State develops a draft Strategy for Procurement of Monitoring Systems Draft Procurement Strategy provided 6.3 State completes floodplain behaviour investigations for the Namoi and Border Rivers Valley Wide Floodplain Management Plans. Report on outcomes of the flood behaviour investigation for the Namoi Valley and Border Rivers. 6.4 States advertises draft Valley Wide Floodplain Management Plan for Gwydir Valley. Copy of draft Valley Wide Floodplain Management Plan for Gwydir Valley. 6.5 State endorses draft Upper Namoi Valley wide Floodplain Management Plan for consultation. Report that endorses Floodplain Management Plan consultation 6.6 State determines expected draft floodplain harvesting extraction limits and individual volumetric entitlements for the Gwydir Valley. Statement advising the expected extraction limits and individual volumetric entitlements. 6.7 State establishes arrangements to implement licensing of floodplain harvesting licences, including the legal framework necessary for licensing to operate. A Report that demonstrates that these arrangements have been established. 6.8 State commences to develop processes that enable issuance of floodplain harvesting licences and work approvals in accordance with the WMAct 2000. Report that demonstrates that these processes have commenced. 6.9 State completes property inspections and stakeholder consultation in the Border Rivers valley. Report on outcomes of inspections for the Border Rivers valley. Project Milestone Number Project Milestone Indicator / Evidence Due Date Payment Value 6.10 State commences property inspections and stakeholder consultation in the Macquarie River valley. Report on the status of inspections for the Macquarie River valley.

Project Milestone. 6 Stage 1 All elements of Project Milestone 6 are completed to the reasonable satisfaction of the Department. 7 April 2015 Complete $4,000,000 Paid (comprising a payment of $3,638,715 in addition to the use of $361,285 Interest held by the State as per Item D.2.2)Complete 6.1 State develops draft Monitoring Strategy outline Outline of draft Monitoring Strategy provided 6.2 State develops a draft Strategy for Procurement of Monitoring Systems Draft Procurement Strategy provided 6.3 State completes floodplain behaviour investigations for the Namoi and Border Rivers Valley Wide Floodplain Management Plans. Report on outcomes of the flood behaviour investigation for the Namoi Valley and Border Rivers. 6.4 States advertises draft Valley Wide Floodplain Management Plan for Gwydir Valley. Copy of draft Valley Wide Floodplain Management Plan for Gwydir Valley. 6.5 State endorses draft Upper Namoi Valley wide Floodplain Management Plan for consultation. consultation Report that endorses Floodplain Management Plan consultation 6.6 State determines expected draft floodplain harvesting extraction limits and individual volumetric entitlements for the Gwydir Valley. Statement advising the expected extraction limits and individual volumetric entitlements. 6.7 State establishes arrangements to implement licensing of floodplain harvesting licences, including the legal framework necessary for licensing to operate. A Report that demonstrates that these arrangements have been established. 6.8 State commences to develop processes that enable issuance of floodplain harvesting licences and work approvals in accordance with the WMAct 2000. 2000 Report that demonstrates that these processes have commenced. 6.9 State completes property inspections and stakeholder consultation in the Border Rivers valley. valley Report on outcomes of inspections for the Border Rivers valley. Project Milestone Number Project Milestone Indicator / Evidence Due Date Payment Value valley 6.10 State commences property inspections and stakeholder consultation in the Macquarie River valley. Report on the status of inspections for the Macquarie River valley.

Project Milestone. 6 Stage 1 All elements of Project 7 April 2015 Complete $4,000,000 Stage 1 Milestone 6 are completed to the reasonable satisfaction of the Department. 7 April 2015 Complete $4,000,000 Paid (comprising a payment of $3,638,715 of$3,638,715 in addition to using the use of $361,285 Interest held by the State as per Item D.2.2) 6.1 State develops draft Monitoring Strategy outline Outline of draft Monitoring Strategy provided 6.2 State develops a draft Strategy for Procurement of Monitoring Systems Draft Procurement Strategy provided 6.3 State completes floodplain behaviour investigations for the Namoi and Border Rivers Valley Wide Floodplain Management Plans. Report on outcomes of the flood behaviour investigation for the Namoi Valley and Border Rivers. 6.4 States advertises draft Valley Wide Floodplain Management Plan for Gwydir Valley. Copy of draft Valley Wide Floodplain Management Plan for Gwydir Valley. 6.5 State endorses draft Upper Namoi Valley wide Floodplain Management Plan for consultation. Report that endorses Floodplain Management Plan consultation 6.6 State determines expected draft floodplain harvesting extraction limits and individual volumetric entitlements for the Gwydir Valley. Statement advising the expected extraction limits and individual volumetric entitlements. 6.7 State establishes arrangements to implement licensing of floodplain harvesting licences, including the legal framework necessary for licensing to operate. A Report that demonstrates that these arrangements have been established. 6.8 State commences to develop processes that enable issuance of floodplain harvesting licences and work approvals in accordance with the WMAct 2000. Report that demonstrates that these processes have commenced. 6.9 State completes property inspections and stakeholder consultation in the Border Rivers valley. Report on outcomes of inspections for the Border Rivers valley. Project Milestone Number Project Milestone Indicator / Evidence Due Date Payment Value . 6.10 State commences property inspections and stakeholder consultation in the Macquarie River valley. Report on the status of inspections for the Macquarie River valley. 6.11 State provides Progress Report to the Department. Progress Report as per item I.2.1.

Project Milestone. 6 Stage 1 All elements of Project Milestone 6 are completed to the reasonable satisfaction of the Department. 7 April 2015 Complete $4,000,000 Paid (comprising a payment of $3,638,715 in addition to the use of $361,285 Interest held by the State as per Item D.2.2)$ xxxxxxxx Paid 6.1 State develops draft Monitoring Strategy outline Outline of draft Monitoring Strategy provided 6.2 State develops a draft Strategy for Procurement of Monitoring Systems Draft Procurement Strategy provided 6.3 State completes floodplain behaviour investigations for the Namoi and Border Rivers Valley Wide Floodplain Management Plans. Report on outcomes of the flood behaviour investigation for the Namoi Valley and Border Rivers. 6.4 States advertises draft Valley Wide Floodplain Management Plan for Gwydir Valley. Copy of draft Valley Wide Floodplain Management Plan for Gwydir Valley. 6.5 State endorses draft Upper Namoi Valley wide Floodplain Management Plan for consultation. consultation Report that endorses Floodplain Management Plan consultation 6.6 State determines expected draft floodplain harvesting extraction limits and individual volumetric entitlements for the Gwydir Valley. Statement advising the expected extraction limits and individual volumetric entitlements. 6.7 State establishes arrangements to implement licensing of floodplain harvesting licences, including the legal framework necessary for licensing to operate. A Report that demonstrates that these arrangements have been established. 6.8 State commences to develop processes that enable issuance of floodplain harvesting licences and work approvals in accordance with the WMAct 2000. 2000 Report that demonstrates that these processes have commenced. 6.9 State completes property inspections and stakeholder consultation in the Border Rivers valley. valley Report on outcomes of inspections for the Border Rivers valley. Project Milestone Number Project Milestone Indicator / Evidence Due Date Payment Value valley 6.10 State commences property inspections and stakeholder consultation in the Macquarie River valley. Report on the status of inspections for the Macquarie River valley.

Project Milestone. 6 Stage 1 All elements of Project Milestone 6 are completed to the reasonable satisfaction of the Department. 7 April 2015 Complete $4,000,000 x,xxx,xxx Paid (comprising a payment of $3,638,715 x,xxx,xxx in addition to the use of $361,285 x,xxx,xxx Interest held by the State as per Item D.2.2) 6.1 State develops draft Monitoring Strategy outline Outline of draft Monitoring Strategy provided 6.2 State develops a draft Strategy for Procurement of Monitoring Systems Draft Procurement Strategy provided 6.3 State completes floodplain behaviour investigations for the Namoi and Border Rivers Valley Wide Floodplain Management Plans. Report on outcomes of the flood behaviour investigation for the Namoi Valley and Border Rivers. 6.4 States advertises draft Valley Wide Floodplain Management Plan for Gwydir Valley. Copy of draft Valley Wide Floodplain Management Plan for Gwydir Valley. 6.5 State endorses draft Upper Namoi Valley wide Floodplain Management Plan for consultation. Report that endorses Floodplain Management Plan consultation 6.6 State determines expected draft floodplain harvesting extraction limits and individual volumetric entitlements for the Gwydir Valley. Statement advising the expected extraction limits and individual volumetric entitlements. 6.7 State establishes arrangements to implement licensing of floodplain harvesting licences, including the legal framework necessary for licensing to operate. A Report that demonstrates that these arrangements have been established. 6.8 State commences to develop processes that enable issuance of floodplain harvesting licences and work approvals in accordance with the WMAct 2000. Report that demonstrates that these processes have commenced. 6.9 State completes property inspections and stakeholder consultation in the Border Rivers valley. Report on outcomes of inspections for the Border Rivers valley. Project Milestone Number Project Milestone Indicator / Evidence Due Date Payment Value . 6.10 State commences property inspections and stakeholder consultation in the Macquarie River valley. Report on the status of inspections for the Macquarie River valley. 6.11 State provides Progress Report to the Department. Progress Report as per item I.2.1. S1-7 Project Milestones S1-7.1 – S1-7.3 — Stage 1 All elements of Project Milestones S1-7.1 – S1-7.3 Stage 1 are completed to the reasonable satisfaction of the Department 29 November 2016 Complete $x,xxx,xxx Paid (comprising a payment of $x,xxx,xxx in addition to the use of $x,xxx,xxx Interest held by the State as per Item D.2.2) S1-7.1 Valley Wide FMP for first catchment of six commenced. Valley Wide FMP and enactment notice. S1-8 Project Milestones S1-8.1 – S1-8.3 — Stage 1 All elements of Project Milestones S1-8.1 – S1-8.3 Stage 1 are completed to the reasonable satisfaction of the Department 30 November 2016 Complete $x,xxx,xxx Paid S1-8.2 Indicative individual entitlements released to landholders in first catchment of five. Copy of letters sent to landholders. S1-9 Project Milestones S1-9.1 – S1-9.5 — Stage 1 All elements of Project Milestones S1-9.1 – S1-9.5 Stage 1 are completed to the reasonable satisfaction of the Department 30 April 2017 Complete $x,xxx,xxx Paid

Project Milestone. 6 Stage 1 All elements of Project Milestone 6 are 7 April 2015 $4,000,000 Stage 1 completed to the reasonable satisfaction of Complete Paid the Department. 7 April 2015 Complete $4,000,000 Paid (comprising a payment of $3,638,715 in addition to the use of $361,285 Interest held by the State as per Item D.2.2) 6.1 State develops draft Monitoring Strategy outline Outline of draft Monitoring Strategy provided 6.2 State develops a draft Strategy for Procurement of Monitoring Systems Draft Procurement Strategy provided 6.3 State completes floodplain behaviour investigations for the Namoi and Border Rivers Valley Wide Floodplain Management Plans. Report on outcomes of the flood behaviour investigation for the Namoi Valley and Border Rivers. 6.4 States advertises draft Valley Wide Floodplain Management Plan for Gwydir Valley. Copy of draft Valley Wide Floodplain Management Plan for Gwydir Valley. 6.5 State endorses draft Upper Report that endorses Floodplain Namoi Valley wide Floodplain Management Plan consultation Management Plan for consultation. Report that endorses Floodplain Management Plan consultation. 6.6 State determines expected draft floodplain harvesting extraction limits and individual volumetric entitlements for the Gwydir Valley. Statement advising the expected extraction limits and individual volumetric entitlements. 6.7 State establishes arrangements to implement licensing of floodplain harvesting licences, including the legal framework necessary for licensing to operate. A Report that demonstrates that these arrangements have been established. 6.8 State commences to develop processes that enable issuance of floodplain harvesting licences and work approvals in accordance with the WMAct 2000. Report that demonstrates that these processes have commenced. 6.9 State completes property inspections and stakeholder consultation in the Border Rivers valley. Report on outcomes of inspections for the Border Rivers valley. Project Milestone Number Project Milestone Indicator / Evidence Due Date Payment Value Value 6.10 State commences property inspections and stakeholder consultation in the Macquarie River valley. Report on the status of inspections for the Macquarie River valley. 6.11 State provides Progress Report to the Department. Progress Report as per item I.2.1. S1-7 Project Milestones S1- 7.1 – S1-7.3 — Stage 1 All elements of Project Milestones S1-7.1 – S1-7.3 Stage 1 are completed to the reasonable satisfaction of the Department 29 Nov 2016 Complete $1,500,000 Paid (comprising a payment of $1,139,555 in addition to the use of $360,445 Interest held by the State as per Item D.2.2) S1-7.1 Valley Wide FMP for first catchment of six commenced. Valley Wide FMP and enactment notice. S1-8 Project Milestones S1- 8.1 – S1-8.3 — Stage 1 All elements of Project Milestones S1-8.1 – S1-8.3 Stage 1 are completed to the reasonable satisfaction of the Department 30 Nov 2016 Complete $2,000,000 Paid S1-8.1 Draft VWFMP public exhibition of third catchment of six. Draft VWFMP and advertisement. S1-8.2 Indicative individual entitlements released to landholders in first catchment of five. Copy of letters sent to landholders. S1-9 Project Milestones S1- 9.1 – S1-9.5 — Stage 1 All elements of Project Milestones S1-9.1 – S1-9.5 Stage 1 are completed to the reasonable satisfaction of the Department 30 April 2017 Complete $2,500,000 Paid

Project Milestone. 6 Stage 1 All elements of Project Milestone 6 are completed to the reasonable satisfaction of the Department. 7 April 2015 Complete $4,000,000 Paid (comprising a payment of $3,638,715 in addition to using the use of $361,285 Interest held by the State as per Item D.2.2) 6.1 State develops draft Monitoring Strategy outline Outline of draft Monitoring Strategy provided 6.2 State develops a draft Strategy for Procurement of Monitoring Systems Draft Procurement Strategy provided 6.3 State completes floodplain behaviour investigations for the Namoi and Border Rivers Valley Wide Floodplain Management Plans. Report on outcomes of the flood behaviour investigation for the Namoi Valley and Border Rivers. 6.4 States advertises draft Valley Wide Floodplain Management Plan for Gwydir Valley. Copy of draft Valley Wide Floodplain Management Plan for Gwydir Valley. 6.5 State endorses draft Upper Namoi Valley wide Floodplain Management Plan for consultation. Report that endorses Floodplain Management Plan consultation 6.6 State determines expected draft floodplain harvesting extraction limits and individual volumetric entitlements for the Gwydir Valley. Statement advising the expected extraction limits and individual volumetric entitlements. 6.7 State establishes arrangements to implement licensing of floodplain harvesting licences, including the legal framework necessary for licensing to operate. A Report that demonstrates that these arrangements have been established. 6.8 State commences to develop processes that enable issuance of floodplain harvesting licences and work approvals in accordance with the WMAct 2000. Report that demonstrates that these processes have commenced. 6.9 State completes property inspections and stakeholder consultation in the Border Rivers valley. Report on outcomes of inspections for the Border Rivers valley. Project Milestone Number Project Milestone Indicator / Evidence Due Date Payment Value . 6.10 State commences property inspections and stakeholder consultation in the Macquarie River valley. Report on the status of inspections for the Macquarie River valley. 6.11 State provides Progress Report to the Department. Progress Report as per item I.2.1.

Project Milestone. 6 Stage 1 All elements of Project Milestone 6 are completed to the reasonable satisfaction of the Department. 7 April 2015 Complete $4,000,000 $ Paid (comprising a payment of $3,638,715 $ in addition to the use of $361,285 $ Interest held by the State as per Item D.2.2) 6.1 State develops draft Monitoring Strategy outline Outline of draft Monitoring Strategy provided 6.2 State develops a draft Strategy for Procurement of Monitoring Systems Draft Procurement Strategy provided 6.3 State completes floodplain behaviour investigations for the Namoi and Border Rivers Valley Wide Floodplain Management Plans. Report on outcomes of the flood behaviour investigation for the Namoi Valley and Border Rivers. 6.4 States advertises draft Valley Wide Floodplain Management Plan for Gwydir Valley. Copy of draft Valley Wide Floodplain Management Plan for Gwydir Valley. 6.5 State endorses draft Upper Namoi Valley wide Floodplain Management Plan for consultation. Report that endorses Floodplain Management Plan consultation 6.6 State determines expected draft floodplain harvesting extraction limits and individual volumetric entitlements for the Gwydir Valley. Statement advising the expected extraction limits and individual volumetric entitlements. 6.7 State establishes arrangements to implement licensing of floodplain harvesting licences, including the legal framework necessary for licensing to operate. A Report that demonstrates that these arrangements have been established. 6.8 State commences to develop processes that enable issuance of floodplain harvesting licences and work approvals in accordance with the WMAct 2000. Report that demonstrates that these processes have commenced. 6.9 State completes property inspections and stakeholder consultation in the Border Rivers valley. Report on outcomes of inspections for the Border Rivers valley. Project Milestone Number Project Milestone Indicator / Evidence Due Date Payment Value Value 6.10 State commences property inspections and stakeholder consultation in the Macquarie River valley. Report on the status of inspections for the Macquarie River valley. 6.11 State provides Progress Report to the Department. Progress Report as per item I.2.1. S1-7 Project Milestones S1-7.1 – S1-7.3 — Stage 1 All elements of Project Milestones S1-7.1 – S1-7.3 Stage 1 are completed to the reasonable satisfaction of the Department 29 November 2016 Complete $ Paid (comprising a payment of $ in addition to the use of $ Interest held by the State as per Item D.2.2) S1-7.1 Valley Wide FMP for first catchment of six commenced. Valley Wide FMP and enactment notice. S1-8 Project Milestones S1-8.1 – S1-8.3 — Stage 1 All elements of Project Milestones S1-8.1 – S1-8.3 Stage 1 are completed to the reasonable satisfaction of the Department 30 November 2016 Complete $ Paid S1-8.2 Indicative individual entitlements released to landholders in first catchment of five. Copy of letters sent to landholders. S1-9 Project Milestones S1-9.1 – S1-9.5 — Stage 1 All elements of Project Milestones S1-9.1 – S1-9.5 Stage 1 are completed to the reasonable satisfaction of the Department 30 April 2017 Complete $ Paid