Schedule of Professional Services
Vendor will complete the Services on or before ______________.
1. Milestones. Vendor will complete the Service by the following deadlines (“Milestones”):
A. Alpha Version functioning according to Specifications (“Operational”): _________ [days] after Effective Date;
B. Beta Version Operational: ________ [days] after Alpha Version Operational;
C. Full System Operational and submitted for Acceptance Testing: _______ [days] after Beta Version Operational.
2. Payment. Customer will pay Vendor in the following installments:
A. Milestone A: __ % of the Development Fee
B. Milestone B: __ % of the Development Fee
C. Milestone C: __ % of the Development Fee
D. Acceptance: __ % of the Development Fee