What does it mean by Payment Certificate in Construction project? Explain in detail all types of Payment Certificate.

What does it mean by Payment Certificate in Construction project

A Payment Certificate in a construction project is a formal document issued to certify the amount of money that is due to the contractor (or subcontractor) for the work completed over a specified period. It acts as an authorization for payment and serves as a record of the work accomplished and the expenses incurred up… Continue reading What does it mean by Payment Certificate in Construction project? Explain in detail all types of Payment Certificate.

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