ARTICLE 2: PAYMENT.
2.1 Payment methods: divided into the following periods:
• Phase 1: Party A will pay 30% of the contract value including VAT within 03 days of signing the contract, the amount equivalent is: 37,918,023vnd (Thirty-seven million, nine hundred and eighteen thousand and twenty-three co.)
payment Profile:
the written request for payment of Party B.
financial bill corresponding to the number advance payment.
• Phase 2: party A will pay 70% of the remaining contract value to party B after the handover and acceptance of work items to put into use. The amount corresponds to: 88,475,387vnd (in words: eighty eight million four hundred and seventy-five thousand three hundred and eighty seven co.).
Payment Profile:
The written request for payment of Party B.
Invoice financing valid key.
acceptance record completed work items to put into use.
2.2 forms of payment: payment in Vietnam Dong and in the form of transfer.
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