Close Project

04 Close Project

For project with associated payment:

  • Payment will be released for the first 6 months upon submission of Progress Report.
  • Annual Report to be submitted after one-year completion, and Max 50% of Manpower can be released.
  • Final Compensation will be released based on achieving minimum points (0.4*duration) points based on the criteria below:
Criteria Points Max Points
Journal Publication (Q3) 5 per paper No limit
Journal Publication (Q2) 5 per paper No limit
Journal Publication (Q1) 5 per paper No limit
  • Minimum points for 12-months projects are: 5
  • Minimum points for 18-months projects are: 7
  • Minimum points for 24-months projects are: 10

For “externally” funded projects, payment are released once progress report is accepted by funding agency.