For information purposes only: Payments in Euro from Payment amount in Euro to Contractor and Schedule Date ESA to Prime Contractor Sub-contractor(s) Milestone (MS) Description Contractor Sub-contractor … Progress (MS 1): Upon successful completion of … and … To + … months the Agency’s acceptance of Progress (MS 2): Upon successful completion of … and … To + … months the Agency’s acceptance of Final Settlement (MS 3): Upon the Agency’s acceptance of To + … months (not less than 15%) all deliverable items due under the Contract and the Contractor’s fulfilment of all other contractual obligations including submission of the signed Contract Closure Documentation. TOTAL [OPTION: ESA may insert the following additional request in case Advance Payments are allowed, including a maximum percentage] [In case you require an Advance Payment to be made, please fill-in the following table and add the relevant justification] Prime (P) Company Vendor Code Advance Offset Offset by Condition for release of Advance Payment Name (1..) Payment against Euro Euro P Amount MS 1 Amount Upon signature of the Contract by both Parties. [Option 1 for not SME] not exceeding 15% [End of Option1] [Option 2
Milestone (MS) Description Schedule Date Payments in Euro from ESA to Prime Contractor Progress (MS 1): Upon successful completion of … and … the Agency’s acceptance of To + … months Progress (MS 2): Upon successful completion of … and … the Agency’s acceptance of To + … months Final Settlement (MS 3): Upon the Agency’s acceptance of all deliverable items due under the Contract and the Contractor’s fulfilment of all other contractual obligations including submission of the signed Contract Closure Documentation. To + … months (not less than 15%) TOTAL For information purposes only: Payment amount in Euro to Contractor and Sub-contractor(s) Contractor Sub-contractor … [OPTION: ESA may insert the following additional request in case Advance Payments are allowed, including a maximum percentage] [In case you require an Advance Payment to be made, please fill-in the following table and add the relevant justification] Prime (P) Company Name Vendor Code (1..) Advance Payment Euro Offset against Offset by Euro Condition for release of Advance Payment P Amount [Option 1 for not SME] not exceeding 15% [End of Option1] [Option 2 MS 1 Amount Upon signature of the Contract by both Parties.
PROPOSAL_TEMPLATE_may2015_EMITS.docx