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Re: Jtmathis42 post# 126019

Monday, 10/16/2017 2:35:22 PM

Monday, October 16, 2017 2:35:22 PM

Post# of 183214
We both wrong. It is a 12 month agreement that can be extended by 1 - 12 month extension. How BVTK gets paid is spelled out from 8K below. It seems the $100 million contract is made up of multiple smaller projects, but I could be wrong. It seems that way based on the wording.

BVTK will invoice monthly for payment on completed projects. BVTK will submit the invoice with DPT within the first week of each month for milestones completed the previous month. DPT shall review with BVTK and approve each invoiced amount.