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“What termination clauses apply to our Q3 vendor contracts?”

Three vendor contracts include a 60-day termination-for-convenience clause; two require 90 days’ written notice.

Vendor_Agreement_Halcyon.pdf — p.4, §12.2

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What are the payment milestones for the Airport Hills Phase 2 contract?

Based on Airport Hills Phase 2 Contract (v3.2), payment is structured across 5 milestones:

Foundation completion — 15% (GHS 2.4M) — Q2 2024
Structural work — 35% (GHS 5.6M) — Q4 2024
MEP installation — 25% (GHS 4.0M) — Q1 2025
Fit-out & finishing — 20% (GHS 3.2M) — Q3 2025
Final handover & snag — 5% (GHS 0.8M) — Q4 2025

Airport_Hills_Ph2_Contract_v3.2.pdfPage 14, §7.3 — Payment Schedule

Late payment penalty clause active: 2% per month after 30-day grace period.

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