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When considering the cost-to-complete concept, why is it important for lenders to assess the reliability of cost estimates? Question 19 options: To establish the timing
When considering the cost-to-complete concept, why is it important for lenders to assess the reliability of cost estimates? Question 19 options: To establish the timing and amount of loan disbursements To determine the contractor's progress payments To mitigate risks associated with cost overruns To establish the viability of the contractor's schedule
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