Article
Milestone-Based Payment Structures: Protecting Your Investment When You Outsource Custom Software Development
Will Bond · Genie AI Free Intermediate
A practical breakdown of how to tie payments to milestones with objective acceptance criteria and a holdback so the agency stays engaged to the end. It gives concrete milestone wording, like a passing staging deploy or accepted tests, that you can adapt. Good for turning your intent into actual contract language.
- Define each milestone with objective, testable acceptance criteria.
- Hold back a final portion until after acceptance and a warranty window.
- Tie payment to demonstrable deliverables, not hours or effort.
