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CPD AMENDED UNTO JAN2008 CPWD7/8 GOVERNMENT OF INDIA CENTRAL PUBLIC WORKS DEPARTMENT STATE Delhi BRANCH ENCIRCLE Egg. DIVISION SUB DIVISIONEngg. ElectricalPercentage Rate Tender/Item Rate Tender &

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What is percentage contract?

A percentage contract is a type of agreement where payment is based on a percentage of the total project cost.

Who is required to file percentage contract?

Contractors, subcontractors, and vendors who enter into a percentage contract are required to file it.

How to fill out percentage contract?

To fill out a percentage contract, you need to include details such as project cost, percentage of payment, payment schedule, and parties involved.

What is the purpose of percentage contract?

The purpose of a percentage contract is to establish a payment structure based on project completion milestones.

What information must be reported on percentage contract?

Information such as project details, payment terms, signatures of parties involved, and project milestones must be reported on a percentage contract.

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