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q1: what is the total monthly gross ? q2: what is the holdback for the month of april? q3: what is the total holdback? q4:

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q1: what is the total monthly gross ?
q2: what is the holdback for the month of april?
q3: what is the total holdback?
q4: what is the total net payable?
q5: what is the net payable for july?
q6: what is the balance of the holdbacks after the early release?
q7: what is the amount remains unpaid after september ? not including the holdbacks, what contract value remains unclaimed ?
q8: does this project qualify for substantial performance and why ?
Given the following information calculate the balance of the holdback monies at the end of September Total Contract Value: Excavation Contract Amount: Foundation Contract Amount: $1,502,500 $36,500 (subject to early release of holdback) $106,500 (subject to early release of holdback) Monthly Progress Claim Amounts: December $37,900 January $76,500 February $154,300 March $176,900 April $212,600 May June July August September $229,700 $237,600 $186,800 $116,300 $51,400 All Answers Must be entered as $ ######.00 or $#####.00 (with or without commas). You must have the $ symbol and 2 decimal points except for question 8, see note in the question No points awarded if not entered in this manner

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