How Milestone payments work

Each individual Milestone is paid 80% of its budget before completion (equally divided by Milestone length) and 20% upon completion (on submission and approval of the PoA for that specific milestone). The Final Milestone is 1-month long and is paid upon completion.

Below can be found high level overviews of monthly batches calculation based on the length of each milestone.

Each milestone lasts 1 month

Each milestone lasts 2 months

Each milestone lasts 3 months

Last updated