7.1 Contractor shall prepare and submit invoice to TTM for work carried out in the preceding month based on pre-approved supporting documentation.
TTM and S.P. TECHNOLOGY AND COMMUNICATION COMPANY LIMITED Agreed with the proposal of payment milestone as follows;
1st Payment 50% amount 2,400,000 THB of Total Contract value after materials loading to TTM site
2nd Payment 50% 2,400,000 THB of Total Contract value final acceptance upon work completion.
Note : Amount above exclude VAT and any late payment shall not be subject to an interest charge.