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HSRP ASE TECHNOLOGY INVESTMENT AGREEMENT(Fixed Price Milestone Payment Method)BETWEENADVANCED TECHNOLOGY INTERNATIONAL 315 SIGMA DRIVE SUMMERVILLE, SC 29486AND CONCERNING specific project name For
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Fixed price milestone payment is a type of payment made when a specific milestone is reached in a project, and the payment amount is predetermined.
Contractors and subcontractors are required to file fixed price milestone payment.
To fill out fixed price milestone payment, one must provide detailed information about the milestone reached and the corresponding payment amount.
The purpose of fixed price milestone payment is to ensure that contractors and subcontractors are paid in a timely manner for reaching project milestones.
The information reported on fixed price milestone payment includes the milestone reached, payment amount, date of payment, and any relevant project details.
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