Tender and Project Management and Payment System

摘要

Abstract A process is disclosed for sending payment instructions for a project, which may be a complex construction project or a simple sale. Each project includes a set of one or more milestone entries including at least a milestone payment amount required, and a payment account for said seller. Funds are held by an independent escrow party. Funds are released to the seller only when both the seller and buyer agree to the amount to be released. z 01 zz to I--_ z to 0 0 C) zz oiU tot DJ z Vt CD 2 > n CLC 0t _ n 'we. I- 0- t to -ja z n -JZ Figur 3