Mobilisation Payment definition

Mobilisation Payment has the meaning given to it in paragraph 3.2 of Schedule 5 (Payment Mechanism);
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Mobilisation Payment takes the meaning given at Schedule 2 section 3.2(a)
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Mobilisation Payment means the payment as defined in Item 10 of Schedule 2.
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Examples of Mobilisation Payment in a sentence

  • The Mobilisation Payment Security is provided to secure the use of the Mobilisation Payment Amount.

  • The annual breakdown of the Grant amount is set out below: FY1 2022-2023 Mobilisation Payment: £10,796.00 Delivery Payment: £26,420.56 FY2 2023-2024 Delivery Payment: £83,974.10 FY3 2024-2025 Delivery Payment: £83,928.03 Total £205,118.69 The first payment will be paid by the 5 December 2022 and will cover Financial Year 1 (December 2022-March 2023).

  • In the event of termination or expiry of this Agreement, the Supplier shall repay to the Authority all Charges it has been paid in advance in respect of Services not provided by the Supplier (which, for the avoidance of doubt, shall include the Mobilisation Payment) as at the date of expiry or termination.

  • The annual breakdown of the Grant amount is set out below: FY1 2022-2023 Mobilisation Payment: £10,796.00 Delivery Payment: £58,425.82 FY2 2023-2024 Delivery Payment: £185,698.40 FY3 2024-2025 Delivery Payment: £185,596.53 Total £440,516.75 The first payment will be paid by the 5 December 2022 and will cover Financial Year 1 (December 2022-March 2023).

  • The annual breakdown of the Grant amount is set out below: FY1 2022-2023 Mobilisation Payment: £10,796.00 Delivery Payment: £71,177.90 FY2 2023-2024 Delivery Payment: £226,229.14 FY3 2024-2025 Delivery Payment: £226,105.03 Total £534,308.07 The first payment will be paid by the 5 December 2022 and will cover Financial Year 1 (December 2022-March 2023).


More Definitions of Mobilisation Payment

Mobilisation Payment means any payment due from the Authority to the Supplier in respect of the mobilisation and/or transition of the Services, to the extent such payment is due in accordance with Paragraph 2 of Schedule 2 (Payment Mechanism).
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Mobilisation Payment refers to a specified portion of the Upfront Payment. The Mobilisation Payment can be used for both administrative costs and ancillary works (A&A) and capital expenses each financial year that are necessary ahead of retrofitting homes with measures. This includes resourcing, procurement, specialist advice, searching for eligible homes, signing up households, validating homes, assessing homes, and agreeing a measures package in line with the PAS standards. This should constitute all A&A expenses plus some capital expenses required pre- delivery, such as PAS assessment costs. A 20% Mobilisation Payment will be paid to the Grant Recipient at the start of financial years 2023/24 and 2024/25, unless the Grant Recipient has not applied for and been awarded funding for the given financial year.
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