Stage Payment


                  A stage payment is a type of progress payment that is made to a contractor as work is completed on a project. This type of payment arrangement can be beneficial for both the contractor and the customer, as it allows the customer to see evidence of progress before having to pay the full amount due.

Description

A stage payment is a type of progress payment that is made to a contractor as work is completed on a project. This type of payment arrangement can be beneficial for both the contractor and the customer, as it allows the customer to see evidence of progress before having to pay the full amount due.

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