I would like to write sentences for a tender to show the payment method.
For example:
Total contract amount is $160
4 times payment
Each quarterly payment is $40
I would like to seek someone’s comment on whether the following sentence can present the meaning of quarterly payment.
“Quarterly payment equal to one-fourth to be settled for a total amount of this contract”
That doesn't sound good to me. I suggest this. The total contract amount of $160 is to be paid in 4 payments of $40, one payment at the end of each calendar quarter.
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That doesn't sound good to me.
I suggest this.
The total contract amount of $160 is to be paid in 4 payments of $40, one payment at the end of each calendar quarter.