Funds loaned to builders in installments as a construction project progresses.
Related information about progress payments:
- DCMA Guidebook - Progress Payments Based on Cost
REVIEW THE CONTRACT: Progress payments are a form of Government financing for fixed-price contracts that are provided in recognition of the need for ...
- Subpart 32.5—Progress Payments Based on Costs
(c) Progress payments will not be considered unusual merely because they are on letter contracts or the definitive contracts that supersede letter contracts.
- Progress payments - The Free Dictionary
(Business / Commerce) an instalment of a larger payment made to a contractor for work carried out up to a specified stage of the job ...
- Progress Payments Based on Costs [ACQuipedia]
Progress payments based on costs are a form of Government financing for fixed- price contracts provided in recognition of working capital requirements, long ...
- SUBPART 232.5—PROGRESS PAYMENTS BASED ON COSTS
Feb 24, 2012 ... 232.501-2 Unusual progress payments. 232.501-3 Contract price. 232.502 Preaward matters. 232.502-1 Use of customary progress payments.
- What Are Progress Payments?
Brief and Straightforward Guide: What Are Progress Payments?
- Progress Payments - Answers
1. periodic payments to a supplier, contractor, or subcontractor for work satisfactorily performed to date.
- FTA - Third Party Procurement FAQ Search - Progress Payments
Q. Our City is in the process of putting together a solicitation for professional services and would like to add the provision of progress payments. The payments ...