Milestone Payments will be paid within thirty (30) days of acceptance by Coffey International Development of the milestones being completed to its satisfaction as summarised below: Milestone Payments Milestone Milestone Description of payment Due Means of Verification/ Acceptance number Milestone Amount AUD Date (Ex- GST) 1 AUD COFFEY Course Design and Delivery Plan in WILL INSERT English and approved by Coffey. comprising Fixed Nominated personnel approved by Core Personnel Coffey. Costs (not Completion of course planning and including preparation as per Coffey’s Management Fee) satisfaction including the as per the development of course content and approved Course materials. Budget. Completion of other services generally required by COFFEY WILL INSERT to Coffey’s satisfaction. 2 Maximum of AUD Course completed to Coffey’s COFFEY WILL satisfaction. INSERT based on Completion of other Services actual generally required by COFFEY WILL reimbursable INSERT to Coffey’s satisfaction. expenditure incurred to date (as per the approved Course Budget). 3 Maximum of AUD Completion Report submitted and COFFEY WILL approved by Coffey including INSERT financial reconciliation. ADIS Survey completed and results included in the Completion Report. Claims for payment The Contractor claims for payment must be submitted when due pursuant to this Schedule in a form identifiable with the Services. All claims for payment must include a certification by a duly authorised representative: i. that the invoice has been correctly calculated; ii. that the services included in it have been performed in accordance with this agreement.
Milestone Payments will be paid within thirty (30) days of acceptance by Coffey International Development of the milestones being completed to its satisfaction as summarised below: Milestone Payments Milestone number Description of Milestone Milestone payment Amount AUD (Ex- GST) Due Date Means of Verification/ Acceptance 1 AUD COFFEY WILL INSERT comprising Fixed Core Personnel Costs (not including Management Fee) as per the approved Course Budget. Course Design and Delivery Plan in English and approved by Coffey. Nominated personnel approved by Coffey. Completion of course planning and preparation as per Coffey’s satisfaction including the development of course content and materials. Completion of other services generally required by COFFEY WILL INSERT to Coffey’s satisfaction. 2 Maximum of AUD COFFEY WILL INSERT based on actual reimbursable expenditure incurred to date (as per the approved Course Budget). Course completed to Coffey’s satisfaction. Completion of other Services generally required by COFFEY WILL INSERT to Coffey’s satisfaction. 3 Maximum of AUD COFFEY WILL INSERT Completion Report submitted and approved by Coffey including financial reconciliation. ADIS Survey completed and results included in the Completion Report. Claims for payment The Contractor claims for payment must be submitted when due pursuant to this Schedule in a form identifiable with the Services. All claims for payment must include a certification by a duly authorised representative: i. that the invoice has been correctly calculated; ii. that the services included in it have been performed in accordance with this agreement.