Holdback Contract Language at Vivian Carter blog

Holdback Contract Language. A holdback is a portion of the purchase price that is not paid at the closing date. The contractor should apply hst to the value of the. Except for invoices for maintenance fees, county will hold back twenty percent (20.00%) of the dollar amount of each invoice. The amount of the basic holdback is 10% of the contract price, or $200,000. In the case of a holdback retained by a contractor or subcontractor, the holdback is notional so a portion of the debt accruing due. This amount is usually held in a third party. Contractor represents that it shall pay its subcontractors in a timely manner and in accordance with contracts between them.

Contract Language (All You Need To Know)
from incorporated.zone

Except for invoices for maintenance fees, county will hold back twenty percent (20.00%) of the dollar amount of each invoice. In the case of a holdback retained by a contractor or subcontractor, the holdback is notional so a portion of the debt accruing due. The contractor should apply hst to the value of the. The amount of the basic holdback is 10% of the contract price, or $200,000. This amount is usually held in a third party. A holdback is a portion of the purchase price that is not paid at the closing date. Contractor represents that it shall pay its subcontractors in a timely manner and in accordance with contracts between them.

Contract Language (All You Need To Know)

Holdback Contract Language The amount of the basic holdback is 10% of the contract price, or $200,000. In the case of a holdback retained by a contractor or subcontractor, the holdback is notional so a portion of the debt accruing due. Contractor represents that it shall pay its subcontractors in a timely manner and in accordance with contracts between them. The amount of the basic holdback is 10% of the contract price, or $200,000. The contractor should apply hst to the value of the. Except for invoices for maintenance fees, county will hold back twenty percent (20.00%) of the dollar amount of each invoice. A holdback is a portion of the purchase price that is not paid at the closing date. This amount is usually held in a third party.

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