Seed Amount: $50, 000

This capital comes from the project owner to push forward the execution

Milestones Due Reward
1. Show your milestones or dates that are important to project stakeholders January 20th, 2017 $1500
2. Back these deadlines up with actual data March 15th, 2017 $2000
3. Promote your project through social media and marketing April 30th, 2017 $3000

 

Memorandum of Understanding

 

Between

 

(Partner)

 

and

 

(Partner)

 

This Memorandum of Understanding (MOU) sets for the terms and understanding between the (partner) and the (partner) to (insert activity).

 

Background

(Why partnership important)

 

Purpose

This MOU will (purpose/goals of partnership)

 

The above goals will be accomplished by undertaking the following activities:

(List and describe the activities that are planned for the partnership and who will do what)

 

Reporting

(Record who will evaluate effectiveness and adherence to the agreement and when evaluation will happen)

 

Funding

(Specify that this MOU is not a commitment of funds)

 

Duration

This MOU is at-will and may be modified by mutual consent of authorized officials from (list partners). This MOU shall become effective upon signature by the authorized officials from the (list partners) and will remain in effect until modified or terminated by any one of the partners by mutual consent. In the absence of mutual agreement by the authorized officials from (list partners) this MOU shall end on (end date of partnership).

 

Contact Information

Partner name

Partner representative

Position

Address

Telephone

Fax

E-mail

 

 

Partner name

Partner representative

Position

Address

Telephone

Fax

E-mail

 

 

 

 

________________________ Date:

(Partner signature)

(Partner name, organization, position)

 

________________________ Date:

(Partner signature)

(Partner name, organization, position)

 

A Statement of Work Outline

Regardless of the type of project or vertical, a statement of work document will include similar information. Here’s a closer look at some of the typical elements of a SOW outline:

Objectives – This introductory section may include general background information about the project and describe why the project is being undertaken. This provides a high-level picture of the project’s objectives.

Scope of Work – The scope of work defines what work is to be done and how, and may include work requirements, deliverables, and assumptions. It will include specific tasks, detailed information about what deliverables are expected, and any assumptions related to the project’s scope. It’s important to provide sufficient detail and to communicate assumptions to help ensure mutual understanding between a customer and service provider.

Period of Performance – This section can specify the start and end dates for a project, allowable billing hours on a weekly or monthly basis, and any other information pertinent to time.

Place of Performance – This information can be included if there are certain requirements related to the work location or equipment that is to be used.

Deliverables Schedule – A detailed schedule and milestones for deliverables, either in table or list format, that provides an overview of tasks and deadlines.

Pricing – This section will cover expenses and payment terms, including a schedule of how and when payments will be made. A statement of work is not a negotiation tool but rather a place to document terms that have already been agreed upon.

Acceptance – There may be a section describing the acceptance criteria for deliverables – how acceptability will be measured and by whom. A statement of work also includes a section for signatures from all relevant parties, such as the customer and the contractor or agency providing the work.

 

This section signifies that the SOW has been agreed upon before moving forward with the work.

Seed Amount: $50, 000

This capital comes from the project owner to push forward the execution.

 

Current Supply-chain Members

”Avatar” Name Capital Needs Role Last Activity  # of Wallets
”Avatar” A- Engineers $5,000,000 Blue Prints Active   24
”Avatar” Jason Welders $700,000 Skilled Welding Active   10
”Avatar” AMS Excavation $4, 200,000 Digging & Foundation Active   20

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