2.4 Capped Price [used/not used] Guidance Note: insert details of the capped price, including: the total capped price; how the capped price is to be calculated. This could be (i) by reference to a single capped price, with hourly rates charged up till the level of the cap; or (ii) multiple capped prices, each referenced to a different milestone, with hourly rates charged up to the cap. number of milestone payments and/or payment based on Hourly Rates: if using milestone payments: number of milestones and milestone payments; description of milestones (name, description and delivery date); milestone acceptance criteria; invoicing and payment timetable and structure; and retention payment (if any) and conditions for release of retention payment. 2.5 Other Costs Guidance Note (do not delete any text already included): Reimbursable Expenses Reimbursable Expenses –the [Payable] [Not payable] Customer should here whether Reimbursable Expenses are payable or not. If Disbursements they are, they should make [Payable] [Not payable] reference to their internal travel and/or expenses policy here and provide a copy of this to the Disbursements shall only be payable Supplier where the Customer has authorised that Disbursements - the Customer the Disbursements may be incurred in should state here whether advance. Disbursements are payable or Additional training not.
2.4 Capped Price [used/not used] Guidance Note: insert details of the capped price, including: the total capped price; how the capped price is to be calculated. This could be (i) by reference to a single capped price, with hourly rates charged up till the level of the cap; or (ii) multiple capped prices, each referenced to a different milestone, with hourly rates charged up to the cap. number of milestone payments and/or payment based on Hourly Rates: if using milestone payments: number of milestones and milestone payments; description of milestones (name, description and delivery date); milestone acceptance criteria; invoicing and payment timetable and structure; and retention payment (if any) and conditions for release of retention payment. 2.5 Other Costs Reimbursable Expenses [Payable] [Not payable] Disbursements [Payable] [Not payable] Disbursements shall only be payable where the Customer has authorised that the Disbursements may be incurred in advance. Additional training Guidance Note (do not delete any text already included): Reimbursable Expenses –the Customer should here whether Reimbursable Expenses are payable or not. If they are, they should make reference to their internal travel and/or expenses policy here and provide a copy of this to the Supplier Disbursements - the Customer should state here whether Disbursements are payable or not.