Terms of payment

I am a carbon consultant helping a financial institution eager to start an SBTi approval process (standard validation route : 9500 $). I would like to find out at which stage of the process the institution is due to pay the 9500 € ? I was not able to find the information on the SBTi site.
Thank you for your advice.
Francis Baros - GreenUpClimat - Paris (France)

Hi Francis, you can find info on the target validation cost (e.g., $14,500 for FIs as of today) and process on the SBTi website.