progress payment

简明释义

交货前分期付款

英英释义

例句

1.Before issuing a progress payment 阶段性付款, the project manager needs to verify the completion of the milestones.

在发放progress payment 阶段性付款之前，项目经理需要验证里程碑的完成情况。

2.After receiving the progress payment 阶段性付款, the subcontractor was able to purchase necessary materials.

在收到progress payment 阶段性付款后，分包商能够购买必要的材料。

3.We agreed to make a progress payment 阶段性付款 every month based on the work completed.

我们同意根据完成的工作每个月进行一次progress payment 阶段性付款。

4.The contract specifies that the final progress payment 阶段性付款 will be made upon project completion.

合同规定，最终的progress payment 阶段性付款将在项目完成后支付。

5.The contractor submitted an invoice for the first progress payment 阶段性付款 after completing 30% of the project.

承包商在完成项目的30%后提交了第一笔progress payment 阶段性付款的发票。

作文

In the world of construction and project management, financial arrangements play a crucial role in ensuring that projects are completed on time and within budget. One such arrangement is the concept of a progress payment, which refers to partial payments made to contractors or service providers as work progresses rather than waiting until the project is fully completed. This system not only helps maintain cash flow for contractors but also incentivizes them to adhere to timelines and quality standards. Understanding the mechanics of progress payment is essential for both clients and contractors to foster a healthy working relationship.Firstly, progress payment serves as a financial lifeline for contractors. When undertaking large-scale projects, contractors often face significant upfront costs for materials, labor, and equipment. By receiving progress payments, they can cover these costs without having to wait until the project's completion. This arrangement allows them to manage their finances more effectively and ensures that they can continue working without interruptions. For instance, if a contractor is building a new office complex, they may submit invoices for progress payments at various stages of the construction process, such as after completing the foundation, framing, and roofing. Each payment corresponds to the percentage of work completed, which provides a clear financial structure for both parties involved.Secondly, progress payments encourage accountability and quality assurance. When clients pay for work in increments, they have the opportunity to inspect the progress and ensure that it meets the agreed-upon standards. This ongoing assessment helps identify any potential issues early in the project, allowing for timely corrections before they escalate into larger problems. For example, if a contractor fails to meet quality standards during the plumbing phase, the client can address these concerns before making the next progress payment. This proactive approach not only protects the client's investment but also motivates contractors to uphold high-quality workmanship throughout the project.Moreover, progress payments can be structured to align with project milestones, making them an effective way to manage expectations and deliverables. By defining specific milestones—such as the completion of a foundation, installation of electrical systems, or passing inspections—both the client and contractor can agree on when payments will be made. This clarity reduces the likelihood of disputes and fosters a collaborative atmosphere. For example, if a contractor completes the electrical work ahead of schedule, they may request a progress payment sooner than anticipated, demonstrating their efficiency and commitment to the project.However, it is essential to establish clear terms and conditions regarding progress payments in the contract. Both parties should agree on the criteria for payment, including the percentage of completion required to trigger each payment. Additionally, it is vital to outline provisions for handling disputes related to progress payments, ensuring that both parties have a clear understanding of their rights and responsibilities. This legal framework can prevent misunderstandings and promote a smoother working relationship.In conclusion, progress payments are a fundamental aspect of project financing in the construction industry. They provide contractors with the necessary cash flow to complete projects while allowing clients to monitor progress and maintain quality control. By understanding the importance of progress payments and establishing clear contractual agreements, both parties can work together effectively to achieve successful project outcomes.

在建筑和项目管理的世界中，财务安排在确保项目按时完成并在预算内进行方面发挥着至关重要的作用。其中一个这样的安排是进度付款的概念，它指的是在工作进行过程中向承包商或服务提供商支付部分款项，而不是等到项目完全完成后再付款。这种制度不仅有助于承包商维持现金流，还激励他们遵守时间表和质量标准。理解进度付款的机制对于客户和承包商来说都是至关重要的，以促进健康的工作关系。首先，进度付款为承包商提供了财务支持。在进行大规模项目时，承包商通常面临材料、人工和设备的重大前期成本。通过获得进度付款，他们可以覆盖这些成本，而无需等到项目完成。这种安排使他们能够更有效地管理财务，并确保他们能够持续工作而不受干扰。例如，如果承包商正在建造一座新的办公大楼，他们可能会在施工过程的各个阶段提交进度付款的发票，例如在完成基础、框架和屋顶后。每次付款对应于完成工作的百分比，为双方提供了明确的财务结构。其次，进度付款鼓励责任感和质量保证。当客户按阶段支付工作款项时，他们有机会检查进度，确保其符合约定的标准。这种持续的评估有助于及早发现潜在问题，从而在问题升级为更大问题之前及时纠正。例如，如果承包商在管道阶段未能达到质量标准，客户可以在进行下一笔进度付款之前解决这些问题。这种主动的方法不仅保护了客户的投资，还激励承包商在整个项目中保持高质量的工艺。此外，进度付款可以根据项目里程碑进行结构化，使其成为管理期望和交付成果的有效方式。通过定义特定的里程碑——例如基础的完成、电气系统的安装或通过检查——客户和承包商都可以就何时付款达成一致。这种清晰性减少了争议的可能性，并促进了合作氛围。例如，如果承包商提前完成电气工作，他们可能会比预期更早请求进度付款，展示他们的效率和对项目的承诺。然而，在合同中建立关于进度付款的明确条款和条件是至关重要的。双方应就触发每笔付款所需的完成百分比达成一致。此外，必须明确规定处理与进度付款相关的争议的条款，确保双方对各自的权利和责任有清晰的理解。这种法律框架可以防止误解并促进更顺利的工作关系。总之，进度付款是建筑行业项目融资的基本方面。它们为承包商提供了完成项目所需的现金流，同时允许客户监控进度并维持质量控制。通过理解进度付款的重要性并建立明确的合同协议，双方可以有效地合作，实现成功的项目结果。