S. Payment Percentage Indicative No. Milestones of Project Timelines Development with effect Fee Quoted from the (A) (%) date of (B) signing Agreement (‘Y’) (C) Phase I: Bid Process Management Approval of 2% Y + 7 days Work Plan Pre-bid 2% Y + 15 days meeting & issuance of clarifications, if any Approval of 3% Y + 45 days Technical / Financial Evaluation Reports Submission of 2% Y + 60 days Draft LOI and Issuance thereof Submission & 3% Y + 90 days approval of SLAs Signing of 3% Y + 110 Concession days Agreement/ SLAs S. Payment Percentage Indicative No. Milestones of Project Timelines Development with effect Fee Quoted from (%) completion of game design (‘Z’) Phase II: IT System Review & Monitoring Submission of 5% Z + 15 days review report pertaining to game design Submission of 5% Z + 75 days review report pertaining to operating process Submission of 5% Z + 105 review report days pertaining to IT support system Submission of 5% Z + 105 review report days pertaining to IT security system Submission of 5% Z + 135 review report days pertaining to the Implementation Plan Phase III: Monitoring & Auditing Submission of 10% Z + 175 Compliance days verification Report
S. No. Payment Milestones (A) Percentage of Project Development Fee Quoted (%) (B) Indicative Timelines with effect from the date of signing Agreement (‘Y’) (C) Phase I: Bid Process Management Approval of Work Plan 2% Y + 7 days Pre-bid meeting & issuance of clarifications, if any 2% Y + 15 days Approval of Technical / Financial Evaluation Reports 3% Y + 45 days Submission of Draft LOI and Issuance thereof 2% Y + 60 days Submission & approval of SLAs 3% Y + 90 days Signing of Concession Agreement/ SLAs 3% Y + 110 days S. No. Payment Milestones Percentage of Project Development Fee Quoted (%) Indicative Timelines with effect from completion of game design (‘Z’) Phase II: IT System Review & Monitoring Submission of review report pertaining to game design 5% Z + 15 days Submission of review report pertaining to operating process 5% Z + 75 days Submission of review report pertaining to IT support system 5% Z + 105 days Submission of review report pertaining to IT security system 5% Z + 105 days Submission of review report pertaining to the Implementation Plan 5% Z + 135 days Phase III: Monitoring & Auditing Submission of Compliance verification Report 10% Z + 175 days
Agreement%20Format%20Consultant%20for%20On-Line%20Lottary%20project.docx