Acceptance Procedure for idealnet/auction

The project will be accepted at three stages:

  1. Documentation Sign-off
  2. Prototype Sign-off
  3. Handover Sign-off

Documentation Sign-off

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.

Prototype Sign-off

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.

Handover Sign-off

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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