Progress payments definitions

Progress payments

Periodic payments to a supplier, contractor, or subcontractor for work as it is completed as desired, in order to reduce working capital requirements.
Found on http://www.duke.edu/~charvey/Classes/wpg/bfglosp.htm

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Progress Payments

Periodic payments to a supplier, contractor, or subcontractor for work as it is completed as desired
Found on http://www.encyclo.co.uk/local/22402

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