Is there any minimum percentage of work progress that the Subcontractor can request for bill of payments?

Start networking and exchanging professional insights

Next Question:
Which-is-more-accurate-to-measure-the-project-work-progress-cost-or-manhours/?
Posted by:
Muhammad Amjad Ali HASHMI
19-April-2017

Question added by Cornelio Sudaria , Quantity Engineer , Public Building and Airport Division (PBAD), Saudi Binladin Group
Date Posted: 2015/04/28

Upvote (0) Views (1) Followers (1) Answers (1) Report Question

Write an Answer
Register now or log in to answer.

1 Answers

by Ronnel Marfil , Cost Control Engineer , Geotechnical Testing Company

Basicallly none. Progress payments should be based on the actual work progress done or made by the subcontractor which was verified and approved by the contractor.

Upvote (0)

Downvote Reply () Report

More Questions Like This

What is minimum percentage for preliminaries?
Top Answer: This percentage depends on working conditions otherwise minimum percentages are7% to8% and maximum% to% ... See More

Answers (1)
When is DOL (Degree of Operating Leverage) = 1% as the minimum percentage it can be ?
Top Answer: Q(P-V) / Q(P-V)-F Q=quantity produced, P=sales price, V=variable cost per unit, F= fixed operating cost ... See More

Answers (1)
What are you doing If you are a project Manager for Automation project in governmental sector and your client resist the automation and always change the scope of project which reflect on the work of subcontractor, therefor impact on the output of the project?
Top Answer: Engage the senior leaders, let them know the importance & the benefits of the automation, according t ... See More

Answers (1)
Is it right that an employer of labour requests a payment of some money before processing the employee's documents in the case of a foreign employee?
Top Answer: The prospective employee may be from any Nation. If he/she applies through the recruiting agencies in the ... See More

Answers (1)

Products By Bayt.com

Use Our Mobile App

Start networking and exchanging professional insights

Is there any minimum percentage of work progress that the Subcontractor can request for bill of payments?

Popular Searches

More Questions Like This