Free Milestone Payment Schedule Template
Milestone Payment Schedule
Overview
This schedule outlines the payment milestones for the project of [YOUR COMPANY NAME]. Each milestone is associated with a specific deliverable and completion criteria, ensuring a structured and efficient payment process.
Payment Schedule
|
Milestone |
Description |
Amount |
Due Date |
Payment Criteria |
|---|---|---|---|---|
|
Milestone 1 |
Initial Design Approval |
$5,000 |
2055-11-15 |
Design approval by client |
|
Milestone 2 |
Prototype Completion |
$10,000 |
2055-12-30 |
Functional prototype demonstration |
|
Milestone 3 |
Final Product Delivery |
$15,000 |
2055-02-20 |
Delivery and client sign-off |
|
Milestone 4 |
Project Closure |
$3,000 |
2055-03-05 |
Completion of all tasks and client satisfaction |
