Common use of RAC SYSTEMS DEVELOPMENT funds Clause in Contracts

RAC SYSTEMS DEVELOPMENT funds. a. Upon receipt of “Notice To Proceed,” Grantee will be paid four quarterly lump sum payments of $18,802.00 based on the following schedule: i. First quarter lump sum payment approximately thirty (30) days after September 1, 2019. ii. Second quarter lump sum payment approximately thirty (30) days after receipt and approval of the B-13 voucher and Supporting Documentation Report due on or after December 15, 2019, but no later than December 31, 2019. Supporting Documentation Report must include September 1, 2019, to November 30, 2019, expenditures; iii. Third quarter lump sum payment approximately thirty (30) days after receipt and approval of the B-13 voucher and Supporting Documentation Report due on or after March 15, 2020, but no later than March 31, 2020. Supporting Documentation Report must include December 1, 2019, to February 29, 2020, expenditures; and iv. Fourth quarter lump sum payment approximately thirty (30) days after receipt and approval of the B-13 voucher and Supporting Documentation Report due on or after June 15, 2020, but no later than June 30, 2020. Supporting Documentation Report must include March 1, 2020, to May 31, 2020, expenditures.

RAC SYSTEMS DEVELOPMENT funds. a. Upon receipt of “Notice To Proceed,” Grantee will be paid four quarterly lump sum payments of $18,802.00 17,923.25 based on the following schedule: i. First quarter lump sum payment approximately thirty (30) days after September 1, 2019. ii. Second quarter lump sum payment approximately thirty (30) days after receipt and approval of the B-13 voucher and Supporting Documentation Report due on or after December 15, 2019, but no later than December 31, 2019. Supporting Documentation Report must include September 1, 2019, to November 30, 2019, expenditures; iii. Third quarter lump sum payment approximately thirty (30) days after receipt and approval of the B-13 voucher and Supporting Documentation Report due on or after March 15, 2020, but no later than March 31, 2020. Supporting Documentation Report must include December 1, 2019, to February 29, 2020, expenditures; and iv. Fourth quarter lump sum payment approximately thirty (30) days after receipt and approval of the B-13 voucher and Supporting Documentation Report due on or after June 15, 2020, but no later than June 30, 2020. Supporting Documentation Report must include March 1, 2020, to May 31, 2020, expenditures.

RAC SYSTEMS DEVELOPMENT funds. a. Upon receipt of “Notice To Proceed,” Grantee will be paid four quarterly lump sum payments of $18,802.00 31,020.75 based on the following schedule: i. First quarter lump sum payment approximately thirty (30) days after September 1, 2019. ii. Second quarter lump sum payment approximately thirty (30) days after receipt and approval of the B-13 voucher and Supporting Documentation Report due on or after December 15, 2019, but no later than December 31, 2019. Supporting Documentation Report must include September 1, 2019, to November 30, 2019, expenditures; iii. Third quarter lump sum payment approximately thirty (30) days after receipt and approval of the B-13 voucher and Supporting Documentation Report due on or after March 15, 2020, but no later than March 31, 2020. Supporting Documentation Report must include December 1, 2019, to February 29, 2020, expenditures; and iv. Fourth quarter lump sum payment approximately thirty (30) days after receipt and approval of the B-13 voucher and Supporting Documentation Report due on or after June 15, 2020, but no later than June 30, 2020. Supporting Documentation Report must include March 1, 2020, to May 31, 2020, expenditures.

RAC SYSTEMS DEVELOPMENT funds. a. Upon receipt of “Notice To Proceed,” Grantee will be paid four quarterly lump sum payments of $18,802.00 15,001.75 based on the following schedule: i. First quarter lump sum payment approximately thirty (30) days after September 1, 2019. ii. Second quarter lump sum payment approximately thirty (30) days after receipt and approval of the B-13 voucher and Supporting Documentation Report due on or after December 15, 2019, but no later than December 31, 2019. Supporting Documentation Report must include September 1, 2019, to November 30, 2019, expenditures; iii. Third quarter lump sum payment approximately thirty (30) days after receipt and approval of the B-13 voucher and Supporting Documentation Report due on or after March 15, 2020, but no later than March 31, 2020. Supporting Documentation Report must include December 1, 2019, to February 29, 2020, expenditures; and iv. Fourth quarter lump sum payment approximately thirty (30) days after receipt and approval of the B-13 voucher and Supporting Documentation Report due on or after June 15, 2020, but no later than June 30, 2020. Supporting Documentation Report must include March 1, 2020, to May 31, 2020, expenditures.

RAC SYSTEMS DEVELOPMENT funds. a. Upon receipt of “Notice To Proceed,” Grantee will be paid four quarterly lump sum payments of $18,802.00 17,213.00 based on the following schedule: i. First quarter lump sum payment approximately thirty (30) days after September 1, 2019. ii. Second quarter lump sum payment approximately thirty (30) days after receipt and approval of the B-13 voucher and Supporting Documentation Report due on or after December 15, 2019, but no later than December 31, 2019. Supporting Documentation Report must include September 1, 2019, to November 30, 2019, expenditures; iii. Third quarter lump sum payment approximately thirty (30) days after receipt and approval of the B-13 voucher and Supporting Documentation Report due on or after March 15, 2020, but no later than March 31, 2020. Supporting Documentation Report must include December 1, 2019, to February 29, 2020, expenditures; and iv. Fourth quarter lump sum payment approximately thirty (30) days after receipt and approval of the B-13 voucher and Supporting Documentation Report due on or after June 15, 2020, but no later than June 30, 2020. Supporting Documentation Report must include March 1, 2020, to May 31, 2020, expenditures.

RAC SYSTEMS DEVELOPMENT funds. a. Upon receipt of “Notice To Proceed,” Grantee will be paid four quarterly lump sum payments of $18,802.00 14,769.50 based on the following schedule: i. First quarter lump sum payment approximately thirty (30) days after September 1, 2019. ii. Second quarter lump sum payment approximately thirty (30) days after receipt and approval of the B-13 voucher and Supporting Documentation Report due on or after December 15, 2019, but no later than December 31, 2019. Supporting Documentation Report must include September 1, 2019, to November 30, 2019, expenditures; iii. Third quarter lump sum payment approximately thirty (30) days after receipt and approval of the B-13 voucher and Supporting Documentation Report due on or after March 15, 2020, but no later than March 31, 2020. Supporting Documentation Report must include December 1, 2019, to February 29, 2020, expenditures; and iv. Fourth quarter lump sum payment approximately thirty (30) days after receipt and approval of the B-13 voucher and Supporting Documentation Report due on or after June 15, 2020, but no later than June 30, 2020. Supporting Documentation Report must include March 1, 2020, to May 31, 2020, expenditures.