List the different form of bills used in pwd for payment to the contractor
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First and Final bill.
Running account Bill – form A.
Running account Bill – form c.
Lump sum contract Bill.
Hand receipt.
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In the construction industry payment can be the source of a great deal of controversy. not only are the sums involved very large and duration of projects very long but the total amount payable tends to change over time.
As a result payments are often be the source of disputes which can ultimately lead to breakdown in relationships and even project.
FMA
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