FAT Passed/Report Payment
Automatic payment release when Factory Acceptance Test is passed and report submitted
What is FAT Payment Milestone?
The FAT (Factory Acceptance Test) payment milestone is triggered when machinery or equipment passes inspection at the manufacturer's facility and the FAT report is submitted. This is typically the largest payment milestone in machinery trade, often 30-50% of the total contract value.
FAT clearance confirms the equipment is functional, meets specifications, and is ready for shipment, giving buyers confidence to release significant payment.
How FAT Payment Works on TAWDO
FAT Scheduling
Buyer, seller, and inspector agree on FAT date and testing requirements
Factory Testing
Inspector conducts comprehensive testing at manufacturer's facility
Digital Report
Inspector uploads FAT report with test results, photos, and videos to TAWDO
Blockchain Verification
Report digitally signed and hash recorded on blockchain for authenticity
Automatic Release
Upon FAT clearance, escrow automatically releases payment to seller and inspector
Shipment Authorization
FAT clearance authorizes manufacturer to proceed with packaging and shipment
What FAT Payment Covers
- Manufacturing costs and materials
- Factory testing and quality assurance
- Inspector fees for FAT service
- Packaging and preparation for shipment