Accountancy Forum / The Profession / Accounting and Audit v / mobilization money

Post Reply 
 
Thread Rating:
  • 0 Votes - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
mobilization money
06-14-2011, 07:08 PM
Post: #3
Excel Offline
Junior Member
**
 		Posts: 19
Joined: Oct 2010
Reputation: 0
 
I agree and also to add that, retention money is the amount of the money to be held for sake of any claims arising after completing or handing over the construction project. ( for 1 or more years)

So as per agreement, percentage is fixed for retention money and its approximately 2% or may be more of original contract price.
Visit this user's website Find all posts by this user
Quote this message in a reply
Post Reply 


Messages In This Thread
mobilization money - karim99 - 03-22-2011, 02:22 AM
[] - moniacca - 04-05-2011, 03:19 PM
[] - Excel - 06-14-2011 07:08 PM

Forum Jump:


User(s) browsing this thread: 1 Guest(s)

Contact Us | Accountancy | Return to Top | Return to Content | Lite (Archive) Mode | RSS Syndication