FMO Payment definition
Examples of FMO Payment in a sentence
In the Further Agreement will be specified whether the FMO Payment will either be: [Option 1: Fee-based and will contain the maximum fees in euro plus incidental expenditure and a provision for the expenditure verification ; or [Option 2: Global priced (in case of studies and other result-based contracts) This Framework Agreement, established in [Euro] [<national currency> for indirect management only], is a global price contract.
FMO agrees that it shall make the FMO Payment regarding a Project under any Further Agreement available on the terms and conditions of that Further Agreement.