RTÉ will advance production funding in accordance with the agreed cashflow. It is important to note that payments will not be made until the contract has been executed. The producer must provide RTÉ with an estimated cash-flow schedule for the production, prior to commencement of production.
Cost Reports together with copies of Production Bank Account Statements must accompany requests for second and subsequent payments. The Cost Reports should detail expenditure to date together with updated detailed projected estimates of costs to complete production.
The progress of production will of course be paramount in determining the release of each stage payment.