Fixed Price (Lump Sum) Milestone Payments. Consultant may request payment for fixed-price work in accordance with approved milestone payment schedules. Milestone payments shall be subject to NYSDOT receipt and acceptance of identified deliverables. Upon the submission of invoices, NYSDOT will make payments to the Consultant in accordance with the terms of the Agreement. Consultant will submit requests for milestone payments using the form FIN 110 (NYSDOT standard state voucher or current procedure). The Consultant shall complete the FIN 110 in accordance with the form instructions and shall specify the milestone and accompanying milestone amount for which payment is being requested.
Appears in 4 contracts
Samples: www.dot.ny.gov, www.dot.ny.gov, www.dot.ny.gov
Fixed Price (Lump Sum) Milestone Payments. Consultant may request payment for fixed-fixed price work in accordance with approved milestone payment schedules. Milestone payments shall be subject to NYSDOT receipt and acceptance of identified deliverables. Upon the submission of invoices, NYSDOT will make payments to the Consultant in accordance with the terms of the Agreement. Consultant will submit requests for milestone payments using the form FIN 110 (NYSDOT standard state voucher or current procedure). The Consultant shall complete the FIN 110 in accordance with the form instructions and shall specify the milestone and accompanying milestone amount for which payment is being requested.
Appears in 4 contracts
Samples: www.dot.ny.gov, www.dot.ny.gov, Attachment
