Orange County NC Website
19 <br /> Exhibit C <br /> Payment Terms <br /> Month Milestone Begin/End Percentage Unit Cost Payment Paid to Date <br /> *Projected Project Length: 24 <br /> 1 Effective Date Begin 15% $255,710 $38,356.50 $38,357 <br /> 2 Monthly payment 4% $255,710 $9,450.15 $47,807 <br /> 3 Monthly payment 4% $255,710 $9,450.15 $57,257 <br /> 4 Monthly payment 4% $255,710 $9,450.15 $66,707 <br /> 5 Monthly payment 4% $255,710 $9,450.15 $76,157 <br /> 6 Monthly payment 4% $255,710 $9,450.15 $85,607 <br /> 7 Monthly payment 4% $255,710 $9,450.15 $95,057 <br /> 8 Monthly payment 4% $255,710 $9,450.15 $104,508 <br /> 9 Monthly payment 4% $255,710 $9,450.15 $113,958 <br /> 10 Monthly payment 4% $255,710 $9,450.15 $123,408 <br /> 11 Monthly payment 4% $255,710 $9,450.15 $132,858 <br /> 12 Monthly payment 4% $255,710 $9,450.15 $142,308 <br /> 13 Monthly payment 4% $255,710 $9,450.15 $151,758 <br /> 14 Monthly payment 4% $255,710 $9,450.15 $161,208 <br /> 15 Monthly payment 4% $255,710 $9,450.15 $170,659 <br /> 16 Monthly payment 4% $255,710 $9,450.15 $180,109 <br /> 17 Monthly payment 4% $255,710 $9,450.15 $189,559 <br /> 18 Monthly payment 4% $255,710 $9,450.15 $199,009 <br /> 19 Monthly payment 4% $255,710 $9,450.15 $208,459 <br /> 20 Monthly payment 4% $255,710 $9,450.15 $217,909 <br /> 21 Monthly payment 4% $255,710 $9,450.15 $227,360 <br /> 22 Monthly payment 4% $255,710 $9,450.15 $236,810 <br /> 23 Monthly payment 4% $255,710 $9,450.15 $246,260 <br /> 24 Monthly payment 4% $255,710 $9,450.15 $255,710 <br /> Total Payments: $255,710.00 <br /> *Projected project length is listed above and below.We do not quote projects based on hours,but on other criteria, <br /> such as number of agencies,users,products,etc.We will continue to provide project services for the below number of <br /> months. <br /> Our goal is to provide your agency with a successful project on time and within budget. <br /> Projected project length: 24 <br /> This is a fixed-fee agreement broken up over monthly payments. <br /> If project is completed before the projected time,the balance of unpaid payments will be due and invoiced for payment. <br /> Page 17 of 19 <br />