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3.2 The contractor's application for payment may include which is a predetermined percentage of each progress payment withheld, that provides the owner assurance that the
3.2 The contractor's application for payment may include which is a predetermined percentage of each progress payment withheld, that provides the owner assurance that the punch list will be completed and all construction documents are submitted prior to final completion. 3.2 Subcontractors have the right to place a on the owner's property in the event that the subcontractor is not paid (in Florida the subcontractor must timely serve the owner with a Notice to Owner as a prerequisite). 3.3 The most common pricing method is under which the contractor receives a fixed amount of money to cover all direct costs, overhead, and profit. Under the Federal Acquisition
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