What Is a Balance of Contract?

The contract price is calculated according to the various fee collection standards agreed in the relevant provisions and agreement terms, and is used to pay the contractor when the project is completed in accordance with the contract requirements. [1]

Contract price

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The contract price is calculated according to the various fee collection standards agreed in the relevant provisions and agreement terms, and is used to pay the contractor when the project is completed in accordance with the contract requirements. [1]

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