Progress payments also encourage project momentum: The more work completed toward the next milestone in the project, the closer the company gets to the next progress payment. In addition, progress payments offer a level of financial protection for all parties should something unpredictable occur to h...
It is also seen with some government contracts. One advantage to using progress payments is that it reduces the need for working capital because people do not need to come up with a large sum of money up front to pay for a project. They also do not need to struggle to make a big ...
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 term does not include payments for partial deliveries accepted by the Government under a contract or partial payments on contract...
Procurementcost controlcontract designIn recent years military procurement agencies have used "progress payments" in contracting. Although, overall, the adoption of such a policy may well have contributed to a decrease in total costs of procurement, we identify a class of inefficiencies that are ...
Based on the agreed-upon Schedule of Values discussed in the Bidding Stage, progress payments are made to the contractor on a regular basis, usually monthly. The central idea is that the contractor only gets paid for the value of the work in place, less any retainage agreed to. In ...
adrawn upon 得出[translate] a我接到了这家公司的电话 正在翻译,请等待...[translate] aMinimum average annual 极小的平均年鉴[translate] aCertified payments received for contracts in progress or completed, within the last three (3) years[translate]...
a10,000,000), calculated as total certified payments received for contracts in progress or completed, within the last [translate] 英语翻译 日语翻译 韩语翻译 德语翻译 法语翻译 俄语翻译 阿拉伯语翻译 西班牙语翻译 葡萄牙语翻译 意大利语翻译 荷兰语翻译 瑞典语翻译 希腊语翻译 51La ...
Government had been able to make majorprogress inbuilding a modern State, and promoting and protecting [...] daccess-ods.un.org daccess-ods.un.org 尽管资源有限且面对政治困境,政府仍在建立现代国家,以及增进和保护人权,尤其是教育权方面取得了巨大进展。
Next year, China will actively use the room for a higher deficit, increase the issuance of local government special-purpose bonds, continue to issue ultra-long special treasury bonds, and increase transfer payments from the central government to local governments, said Lan last month. 编辑: 郑晨...
We also provide guidance on adjusted free cash flow, which is equal to cash flows from operating activities less purchases of property and equipment, plus restructuring payments. Note Regarding Forward-Looking Statements This press release contains statements that are “forward-looking statem...