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Partial payments are interim payments made by the client to the contractor during the progress of construction work. Instead of paying the entire contract sum at the completion of the project, the client releases payments periodically based on the value of work executed at site. These payments are generally certified by the architect or engineer after measurement and verification of completed quantities. Partial payments help maintain the contractor’s cash flow, enabling procurement of materials, payment of labor wages, and continuation of work without financial interruption. They are usually made according to the terms specified in the contract, such as monthly running bills or stage-wise completion. Proper documentation, measurement _______ __________ _____ ________ _______ ______ ____.
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