diff --git a/README.md b/README.md
index 3329425..9c25bb5 100644
--- a/README.md
+++ b/README.md
@@ -85,7 +85,7 @@ The concept's §13 now defines a **Global Contingency Share Determination Rule**
 | [TREV-WP-0009](workplans/TREV-WP-0009-target-revenue-control-plane.md) | Target Revenue Control Plane — interactive UI for the `binky` tenant, incl. interactive Development Credit entry creation (`specs/TargetRevenueControlPlaneConcept.md`) — **finished**, all 4 tasks done. **T04 (interactive UI, `src/target_revenue/service/control_plane_app.py`) built on vendored `whynot-design` web components** rather than from scratch, per an explicit feasibility check |
 | [TREV-WP-0010](workplans/TREV-WP-0010-development-effort-calculator.md) | Development Effort Calculator — **finished**, all 3 tasks done. Applied to the three real pilot candidates (`history/260730-EffortCalculator-CandidateApplication.md`) — every calculator-derived Initial Target came out materially lower than the earlier hand-picked placeholders, two of three carrying explicit warnings recommending manual review |
 | [TREV-WP-0011](workplans/TREV-WP-0011-railiance-reef-deployment.md) | Deploy Trust Service + Control Plane to the Railiance reef, fronted by `revenue.coulomb.social` — active; T01 (deployment-pattern decision, human gate) next. Deployment alone does not authorize a real Phase go-live — that remains WP-0008-T05 |
-| [TREV-WP-0012](workplans/TREV-WP-0012-phase-provenance-and-policy-modeling.md) | Phase provenance, ledger reference, and degeneration-policy modeling — active; T01, T02 done. **T02 accepted 2026-07-30**: `milestone_release` gains required `repo_hub`/`repo_hub_uri`/`repo_id`/`repo_name`, `phase.base_phase_id` optional for successive Phases; hub↔URI mapping lives in the hosted Trust Service, not this repo. T03 (policy spec-file convention, human gate) next |
+| [TREV-WP-0012](workplans/TREV-WP-0012-phase-provenance-and-policy-modeling.md) | Phase provenance, ledger reference, and degeneration-policy modeling — active; T01–T03 done. **T02 accepted 2026-07-30**: `milestone_release` gains required `repo_hub`/`repo_hub_uri`/`repo_id`/`repo_name`, `phase.base_phase_id` optional for successive Phases; hub↔URI mapping lives in the hosted Trust Service, not this repo. **T03 accepted 2026-07-30**: `specs/policies/` + `specs/profiles/` subdirectories (one file per policy/profile, id+revision frontmatter), rendered read-only via a new lightweight server-side markdown route — not state-hub's Observable Framework build. T04 (ledger UI treatment, human gate) next |
 | [TREV-WP-0013](workplans/TREV-WP-0013-remission-credit-automation.md) | Remission Credit automation (degeneration policy execution) — active; T01–T03 `wait` on WP-0012-T03's policy-spec-file decision. Nothing currently computes or writes `remission-credit` ledger entries |
 | [TREV-WP-0014](workplans/TREV-WP-0014-control-plane-extensions-breach-attestation-ui.md) | Control Plane UI: Extension Registry, Breach Records, Conversion Attestation — active; T01 next. Backend for all three already exists (WP-0006); UI-only work, not blocked on WP-0012 |
 
diff --git a/workplans/TREV-WP-0012-phase-provenance-and-policy-modeling.md b/workplans/TREV-WP-0012-phase-provenance-and-policy-modeling.md
index 5885660..2bf02b3 100644
--- a/workplans/TREV-WP-0012-phase-provenance-and-policy-modeling.md
+++ b/workplans/TREV-WP-0012-phase-provenance-and-policy-modeling.md
@@ -146,9 +146,11 @@ Decided:
 
 ```task
 id: TREV-WP-0012-T03
-status: todo
+status: done
 priority: high
 human_accept_required: true
+human_accepted_by: Bernd
+human_accepted_at: "2026-07-30"
 state_hub_task_id: "dbbabc02-8694-4e7d-8a15-c626ff72875b"
 ```
 
@@ -180,6 +182,62 @@ infrastructure). Concretely decide:
   consistency, or is scoped to degeneration policies and calculators only
   for now.
 
+**Result (accepted 2026-07-30):** Checked the maintainer's specific
+`state-hub` reference before deciding — it's `dashboard/src/docs/*.md`,
+built via Observable Framework into static HTML, opened as a standalone
+page or in a "?" context-help overlay iframe
+(`dashboard/src/docs/reference.md`). That's a real static-site build
+pipeline, materially heavier than anything else in this repo. Decided to
+carry the *spirit* (markdown spec → rendered read-only view, linked
+contextually from wherever the id appears) without adopting that
+toolchain, since `target-revenue`'s Control Plane is a lightweight
+FastAPI+Jinja2 app with no existing build step to hang a static-site
+generator off of.
+
+Decided:
+
+- New `specs/policies/` subdirectory, one file per degeneration policy —
+  e.g. `specs/policies/linear-longstop-v0.md` — extracted out of Q7's
+  prose in `specs/OpenQuestions-WorkingDefaults.md` (which stays as the
+  index of *decisions about* policies, not the policies' own content).
+  Each file's frontmatter carries the full versioned policy id (e.g.
+  `policy_id: trsl:policy:linear-longstop-v0@1.0`), so the id→file mapping
+  is explicit and machine-checkable, not merely inferred from the
+  filename.
+- `specs/DevelopmentEffortCalculatorConcept.md` already conforms as-is —
+  one file, one model, distinct name — no move. Add/confirm an
+  `id`+`revision`-shaped frontmatter field for consistency with the new
+  policy files (there's no `trsl:...` schema id for calculators today,
+  since they aren't referenced by id from inside a Phase Manifest the way
+  `degeneration_policy` is — this is a documentation-traceability
+  convention only, not a new schema value).
+- Extend the same convention to the six canonical monetization profiles
+  now, in this same pass — a new `specs/profiles/` subdirectory, one file
+  per profile (development, operations, ideation, service, consulting,
+  sponsorship), splitting them out of the shared
+  `specs/CanonicalMonetizationProfiles.md`, even though nothing currently
+  links to a profile by bare id from the UI the way `degeneration_policy`
+  is linked. `id`+`revision` frontmatter, matching the policy files.
+- "Id and revision, built on git internals" means: the id is the stable
+  policy/profile identifier already used in Phase Manifests today
+  (including its existing `@version` suffix, e.g. `...@1.0`), mapped to
+  exactly one file by naming convention; the revision/audit trail is
+  simply that file's own git history (`git log -- specs/policies/
+  linear-longstop-v0.md`) — no new versioning table, no pinned-commit
+  scheme, nothing beyond what git already provides for free.
+- Control Plane UI rendering: a small Python markdown library, one new
+  read-only route (e.g. `GET /reference/policies/{slug}`, and
+  equivalently for profiles/calculators), rendering the spec file's
+  current content server-side at request time. A plain link next to
+  wherever a policy id already appears (`phase_detail.html`,
+  `phase_new.html`) — never in-UI editable, matching every other
+  governance-action pattern already established in this project.
+
+As with T02, no files are moved or created yet — `specs/policies/`,
+`specs/profiles/`, and the new render route are implementation, deferred
+to after T04 and the T05 spec addendum per the maintainer's own established
+sequencing (item f, chat 2026-07-30).
+
 ```task
 id: TREV-WP-0012-T04
 status: todo