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...
复数:progress payments 英汉 英英 网络释义 un. 1. 分期付款 例句 释义: 全部,分期付款,工程进度款,分阶段付款,按进度分期付款 更多例句筛选 1. Amount to be deducted for retention shall be 5% of progress payment stated in the Interim Payment certificate. 根据预付款包函相当于进度付款数量5%的保留金将...
: a partial payment made under a construction contract as the project goes forward The Ultimate Dictionary Awaits Expand your vocabulary and dive deeper into language with Merriam-Webster Unabridged. Expanded definitions Detailed etymologies Advanced search tools All ad-free Discover what makes Merriam...
aTo receive the progress payments during the period of the construction, the contractor is required to apply for them by submitting a monthly statement after the end of each working month. 在建筑的期间要接受施工分期付款,递交一份月报表要求承包商申请他们在毎运作的月以后的结尾。 [translate] ...
1、in progress.进行中。2、make progress.前进，进步。3、progress of disease.传变。4、Progress of Theoretical and Experimental Physics.理论与实验物理学的进展。5、Bimonthly Progress Report.双月进度报告。6、Unliquidated Progress Payments.未清进度付款。7、Aircraft Manufacturers Progress Rep.飞机...
Progress payments are payments which are provided progressively over the course of a project in direct relation to how much work has been completed. They may also be known as progressive payments. This method of payment can be seen in the building trades, where it may be used to compensate ...
Note 2: The increase oftheconstruction in progressandadvance payments included capitalized interests amounting to $7,189 thousand. english.taiwanmobile.com english.taiwanmobile.com 註二:未完工程及預付設備款本期增加金額中包括利息資本化金額計4,257千元。
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...
However, the contractor is not entitled to any money in excess of the cost of the work produced. 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 ...
and equipment during the construction period is generally too severe to expect a contractor to bear it alone. PROGRESS BILLINGS AND PAYMENTS • Contractor concerns in this area are easily seen they wish payment of the most money in the shortest possible time. There are also significant concerns...