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Construction businesses require cash flow to pay workers and suppliers during the time that a construction project is in progress. The cash that the contractor
Construction businesses require cash flow to pay workers and suppliers during the time that a construction project is in progress. The cash that the contractor receives is in the form of progress payments made toward the agreed upon value of the contract. For this weeks discussion, explain the process used to determine how much a contractor is owed for a progress payment. Please support your post with examples, documents, or other references.
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