Examples of 'progress payments' in a sentence
Meaning of "progress payments"
Progress payments refer to partial payments made to a contractor throughout the course of a project as the work reaches specific milestones or stages of completion
How to use "progress payments" in a sentence
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progress payments
O link progress payments to the contract deliverables.
Foreign buyers and governments no longer provide progress payments.
Unusual progress payments or other billing concerns.
Depending on the scope of the project progress payments may be required.
Progress payments are to be made on the contract.
Advance and progress payments.
Progress payments are interim payments only.
The method applies to progress payments for goods installed.
Progress payments are more frequent.
O certification of progress payments.
Progress payments are being received on a monthly basis to match the construction schedule.
Reimbursements manufacturers receive for work done on incomplete contracts are called progress payments.
Progress payments are an important part of contract administration for the contractor.
Be aware that some agreements require that the supplier or contractor be paid progress payments.
Progress payments to vendors.
See also
Most construction contracts call for periodic progress payments from the owner to the contractor.
Progress payments involve remittances at specified milestones in the trade transaction.
Working capital financing needs were associated with advance and progress payments to subcontractors and suppliers.
O Progress payments will not be more frequent than once per month.
O Construction contracts and progress payments.
So we started asking for progress payments tied to completion points throughout the project.
The consultant may ask for a deposit up-front and progress payments.
Then, progress payments are made at various stages of construction.
If the project takes considerably longer, then progress payments may be required.
Bi-weekly progress payments were made based on actual costs incurred.
Contract management and administration Contract delivery follow - up Contract amendments Payment Progress payments.
If progress payments are being proposed, fully describe them, including any holdbacks.
Sections 8 and 9 authorize advance and progress payments.
Such progress payments are made on an equal prorated basis to all troop-contributing countries.
This week, progress payments.
Progress payments are multiple payments, each payable upon acceptable partial performance of the contract.
Section 8 and 9 authorize advance payments and progress payments.
This includes both progress payments and total payments ( reference PWGSC Supply Policy Manual ).
Progress payments totalling $13.1 million had so far been made to Member States.
If there is a provision for progress payments or milestone payments - 1.5 percent ;.
O Progress payments? Predetermined amounts? Value of work completed.
If there is a provision for progress payments or milestone payments, 1.5 percent of costs incurred ;.
During construction, progress payments ( cash inflow ) are made periodically to contractors based on work performed.
Samsung 's claim for overdue progress payments relates to amounts covered by invoices nos . 55 to 57.
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