the degree of completion of work is determined by comparing the work certified with __
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And it's given 50% of contract is completed than it means cost of work certified will be 50% of 1573500 i,. e 786750. So notional profit= work certified - cost of work certified i.e, 1000000-786750=213250 Work uncertified(valued at cost)= cost to date(works cost)- cost of work uncertified i,e. 1049000-786750=262250...
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Answer:
contract price
Explanation:
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