Common use of Fixed Price Milestone Payment Method Clause in Contracts

Fixed Price Milestone Payment Method. Payments shall be made in accordance with the Milestone Payment Schedule of each prototype project agreement, provided the designated AOR has verified compliance with the Statement of Work and accomplishment of the stated effort. An acceptable invoice for adjustable fixed price milestone payments is one that (on the invoice or on the Milestone Report): i. Is addressed to the CM and contains the CM’s address; Advanced Technology International‌ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇‌ ii. contains the date of invoice and invoice number and the Base Agreement and prototype project agreement number;

Fixed Price Milestone Payment Method. Payments shall be made in accordance with the Milestone Payment Schedule of each prototype project agreement, provided the designated AOR has verified compliance with the Statement of Work and accomplishment of the stated effort. An acceptable invoice for adjustable fixed price milestone payments is one that (on the invoice or on the Milestone Report): i. Is addressed to the CM and contains the CM’s address; Advanced Technology International‌ International ▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇‌ ii. contains the date of invoice and invoice number and the Base Agreement and prototype project agreement number;