Question
A Contractor submitted its Progress Billing No. 1 to the Project's Owner. Under the contract as well as relevant applicable regulations, the Owner has 30
A Contractor submitted its Progress Billing No. 1 to the Project's Owner. Under the contract as well as relevant applicable regulations, the Owner has 30 days within which to pay the Contractor said Progress Billing. The Owner was able to pay the Contractor 14 Calendar Days after the deadline. How much can the Owner be required to pay to pay, inclusive of interest incurred? Explain Fully.
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Managerial Economics And Financial Analysis
Authors: M.S. Bhat, A.V. Rau
1st Edition
9352300211, 978-9352300211
