Annual Monitoring Report Further, payment for each of the following deliverables will be made in two increments as set forth in the Deliverable Payment Schedule Table below: Evaluation Design and Implementation Mid-Point Assessment* Interim Evaluation Report Summative Evaluation Report Table: Deliverable Payment Schedule Milestone Achieved % of Total Deliverable Due Draft deliverable approved by 40% of the contract amount will be deliverable’s the State and submitted to paid CMS* Final deliverable approved by 60% of the contract amount will be deliverable’s CMS after incorporating CMS paid. feedback* *Note: For the Mid-Point Assessment, the first milestone will be achieved when the draft deliverable is approved by the State, at which time the Contractor will be paid 40% of the contract amount. The second milestone will be achieved when the deliverable is deliverable’s approved by CMS, at which time the Contractor will be paid 60% of the contract deliverable’s amount. 3.1 Timeliness Performance As untimely completion of a deliverable has less value, the following Table lists the payments due to the Contractor for the untimely completion of a deliverable if the Contractor Contractor’s fails to complete and submit an acceptable deliverable by the respective Contractor deliverable’s Deadline set forth in Section 2.5. There will be an exception if the failure to complete the milestone can be attributed to the State's material delay or material failure to comply with its obligations. Table: Deliverable Timeline Timeliness Performance Untimely Delivery Measurement Payment Due to Contractor Delivery more than 2 business days (Deliverable Cost) (A percentage, not to – after Contractor Deadline exceed 5%, of the Deliverable Cost, reasonably representing the decreased value provided to the State due to the late delivery) Delivery for each week (5 business (Deliverable Cost) (A percentage, not to – days) after the Contractor Deadline + exceed 5%, of the Deliverable Cost, 2 days reasonably representing the decreased value provided to the State due to the late delivery)
Annual Monitoring Report Further, payment for each of the following deliverables will be made in two increments as set forth in the Deliverable Payment Schedule Table below: Evaluation Design and Implementation Mid-Point Assessment* Interim Evaluation Report Summative Evaluation Report Table: Deliverable Payment Schedule Milestone Achieved % of Total Deliverable Due Draft deliverable approved by the State and submitted to CMS* 40% of the deliverable’s contract amount will be paid Final deliverable approved by CMS after incorporating CMS feedback* 60% of the deliverable’s contract amount will be paid. *Note: For the Mid-Point Assessment, the first milestone will be achieved when the draft deliverable is approved by the State, at which time the Contractor will be paid 40% of the deliverable’s contract amount. The second milestone will be achieved when the deliverable is approved by CMS, at which time the Contractor will be paid 60% of the deliverable’s contract amount. 3.1 Timeliness Performance As untimely completion of a deliverable has less value, the following Table lists the payments due to the Contractor for the Contractor’s untimely completion of a deliverable if the Contractor fails to complete and submit an acceptable deliverable by the respective deliverable’s Contractor Deadline set forth in Section 2.5. There will be an exception if the failure to complete the milestone can be attributed to the State's material delay or material failure to comply with its obligations. Table: Deliverable Timeline Timeliness Performance Untimely Delivery Measurement Payment Due to Contractor Delivery more than 2 business days after Contractor Deadline (Deliverable Cost) – (A percentage, not to exceed 5%, of the Deliverable Cost, reasonably representing the decreased value provided to the State due to the late delivery) Delivery for each week (5 business days) after the Contractor Deadline + 2 days (Deliverable Cost) – (A percentage, not to exceed 5%, of the Deliverable Cost, reasonably representing the decreased value provided to the State due to the late delivery)
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