Attachment E_Milestone_Payment_Schedule.docx

OTHER TRANSACTION (OT) MILESTONE PAYMENT SCHEDULE TEMPLATE

ATTACHMENT E

MILESTONE PAYMENT SCHEDULE

Other Transaction Agreement

Agreement Value Structure

Instructions for Offerors ARPA-H has established a maximum price of $700,000 for the base period and $350,000 for the option period. These amounts are caps, not target prices. Proposers may propose lower amounts but may not exceed the applicable cap. Proposers shall use the pricing summary in this Appendix to provide the proposed payment schedule, associated milestones, and any proposed resource or cost sharing. Please see instructions for completion below:

Use one row for each quarterly milestone. Each milestone should represent a discrete, measurable technical or programmatic accomplishment and should not be based solely on the passage of time.

For each milestone, identify the required deliverable or other evidence of completion and state objective acceptance criteria that the Government can use to verify successful completion.

The pre-populated amounts assume an even allocation of the fixed price: $87,500 for each of the eight Base Period milestones and $87,500 for each of the four Option Year milestones. If permitted by the solicitation or Agreement, amounts may be reallocated among milestones, but the Base Period total must remain $700,000 and the Option Year total must remain $350,000.

The Option Year is not guaranteed. Option milestones become payable only if the Government exercises the option in accordance with the Agreement.

1. PAYMENT AND ACCEPTANCE TERMS

1.1 Other Transaction (OT) Structure. This Agreement is structured on a OT milestone basis. The amounts shown in the Milestone Payment Schedule represent the fixed amount payable for successful completion and Government acceptance of the applicable milestone, subject to the terms and conditions of the Agreement.

1.2 Milestone Completion. A milestone is complete when the Performer has accomplished the work identified for that milestone and submitted the required deliverable(s), evidence, or other documentation specified in the schedule.

1.3 Government Acceptance. The Government will review the submitted milestone deliverable(s) against the stated acceptance criteria. Payment authorization is contingent upon Government acceptance of the milestone in accordance with the Agreement. If a submission does not satisfy the acceptance criteria, the Government may identify deficiencies for correction consistent with the Agreement terms.

1.4 Invoicing. Following Government acceptance of a milestone, the Performer may submit an invoice for the fixed amount associated with that milestone using the invoicing method and supporting documentation required by the Agreement.

1.5 No Payment Based Solely on Time. Quarterly designations establish the planned performance sequence and target timing. They do not, by themselves, establish entitlement to payment. Payment is tied to successful completion and acceptance of the associated milestone.

1.6 Option Year. The Option Year is exercisable solely at the Government's discretion in accordance with the Agreement. Inclusion of Option Year milestones in this schedule does not obligate the Government to exercise the option or fund the associated milestones.

1.7 Schedule Changes. Changes to milestone descriptions, target dates, acceptance criteria, or payment amounts shall be handled in accordance with the modification procedures established in the Agreement. Any change to milestone values must preserve the applicable funded and ceiling amounts unless otherwise modified by the parties.

2. BASE PERIOD - YEAR 1 MILESTONES

Value

Year 1 subtotal shown for planning purposes. The controlling Base Period ceiling is $750,000 across all eight Base Period milestones.

3. BASE PERIOD - YEAR 2 MILESTONES

Value

Two-Year Base Period Total: $700,000

4. OPTION YEAR MILESTONES

Value

Maximum Potential Agreement Value (Base + Option): $1,050,000