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
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