SCHEDULE FOUR
MODE OF PAYMENT
The Fee of THB 4.5 million payable by the Client to the Consultant shall be in accordance with completion of the following stages under the respective phases:-
Stage Percentage of fee payable per stage Cumulative Percentage
A.
Upon acceptance of the report by the Client on the First Batch Locations of 800 locations (approximately)
60%
60%
B.
Upon acceptance of the report by the Client on the Remaining Locations.
40%
100%
The Consultant will use reasonable endeavour to complete and submit the reports on the following target dates:
Target Submission Date
1.
Report on the First Batch of 800 locations (approximately)
30th June 2016
2.
Full Report to include the Remaining Locations and overall matters 31st July 2016
Note:
1. The report submitted by the Consultant in Stage A (the first batch) shall include the scores, GPS and photos of the site.
2. The full report to be submitted by the Consultant shall include particulars of the site, scores, recommendation and other details as described in Schedule Two.
3. The AIM scores of a site will change with changes in the surrounding environment.