Contract Accounts
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12-24-2009, 11:21 PM
Post: #1
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Contract Accounts
I unable to understand the word "progress billing to date"
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12-30-2009, 06:55 PM
Post: #2
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Dear
Accumulated amount of bills (IPC) submitted by contractor and certified by consultant. For instance 1st bill 10m 2nd bill 15m 3rd bill 15m Total progress billing would be 40m. and work completed by contractors not certified is unbilled revenue or due from customer. Regards |
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