Three of the four stages of cellular respiration produce ATP. The first stage, glycolysis, occurs in the cytoplasm of the cell. During this stage, one glucose molecule is broken into two pyruvic acid molecules. This results in the production of two ATP molecules for every glucose used.
progress payment. Payment made as work progresses under a contract, upon the basis of costs incurred, of percentage of completion accomplished, or of a particular stage of completion.
The specific methods of Government contract financing payment liquidation discussed in this article are: Commercial advance and interim payments, Progress Payments based on cost under the clause at FAR 52.232-16, Progress Payments, and Performance-Based Payments.