ATTACHMENT_12-Schedule_of_Milestones_for_Performance_Form.docx

ATTACHMENT 12 Schedule of Milestones for Performance Form

Schedule of Milestones for Performance-Based Payments In accordance with FAR 52.232.32, Performance Based Payments (April 2012), upon successful completion of an event, the Contractor may request performance based payments.

The determination of eligibility for receipt of payment will be made by the Contracting Officer upon written certification from the COR that work on the contract was satisfactorily performed.

It is anticipated that the completion date for each event will vary and eligibility for payment could occur sooner or later depending upon the time of completion of the designated event. Milestone payments are subject to the terms of FAR 52.232-32 incorporated in Section I of the contract.

The Government has provided a proposed milestone payment schedule and a proposed payment percentage based on the government’s determination of the key events outlined in the PWS. However, the Contractor is invited, but not required, to propose an alternative milestone payment schedule for this task order along with its proposed payment percentage allocations for each scheduled payment based upon the offeror’s understanding of the key events outlined in the PWS. The milestone payment schedule may be negotiated between the parties. However, if both parties cannot agree, the Contracting Officer has the final determination as to the milestone payment schedule that will be included in the Task order award.

A Milestone Payment Schedule should be completed for the Base Year, including Option Years (if applicable).

GOVERNMENT-PROPOSED MILESTONE EVENT