The project will be accepted at three stages:
The partner (idealnet) read the specifications and agree that Paneris should proceed to implementation.
If the project is fixed price then 25% of the project price is invoiced at this point.
The system 'works' in accoprdance with the specifications.
If the project is fixed price then 25% of the project price is invoiced at this point.
The project is ready to go live.
If the project is fixed price then 5o% of the project price is invoiced at this point. The payment should be recieved prior to the site going live.
Document Dated: Mon Feb 22 16:37:55 1999
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