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Del DOT Professional Services Procurement Manual Chapter Contents Chapter Six Progress Payment and Reporting Procedures 6.1 PROGRESS PAYMENTS...........................................................................................
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What is progress payment and reporting?
Progress payment and reporting is a method of tracking and documenting the payments made in relation to a project as it progresses.
Who is required to file progress payment and reporting?
Contractors, subcontractors, and suppliers involved in a construction project are required to file progress payment and reporting.
How to fill out progress payment and reporting?
Progress payment and reporting can be filled out by providing details of the payments made, the progress of the project, and any other relevant information.
What is the purpose of progress payment and reporting?
The purpose of progress payment and reporting is to track the financial performance of a construction project and ensure that payments are being made in accordance with the contract.
What information must be reported on progress payment and reporting?
Information such as payment amounts, date of payment, work completed, and any change orders must be reported on progress payment and reporting.
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