Payment in JCT Target Cost
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Interim payments are to be made in accordance with clause 4.16.2 (the gross valuation). The gross valuation is not equivalent to the target cost as it instead quantifies the cumulative value of the work up to a particular stage (in accordance with clauses 4.4 to 4.7 (inclusive)) and shall be the total...Explore the subscription options here to get full access to isurv, including downloads.
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