Examples of Payment Milestones in a sentence
The Project Contract will include defined deliverables, with acceptance criteria, and defined Payment Milestones by which one or more deliverables will have been completed.
Contractor agrees to adjust the IMS and Payment Milestones deadlines to take into account any State-caused delays; provided, however, that Contractor shall continue to perform any and all activities not affected by such State-caused delay.
No partial EPC Payment Milestone amounts shall be included, and Contractor shall not include any amounts for partially completed EPC Payment Milestones.
If applicable, the Parties shall modify the Project Schedule and Payment Milestones to reflect the impact of Addenda and Change Orders.
If the Joint Board does not believe, in the Joint Board’s sole discretion, that the Price Proposal for the Preferred Proposer is balanced, the allocation by the Preferred Proposer of amounts among the Payment Milestones shall be subject to negotiation pursuant to Section 4.10.