NEC4 · ECC 53.1
final payment
The sum paid, or repaid by the Contractor, once the final amount due is set. It is the final amount due less the amount due at the last assessment.
Also written as
- final payments
Where you meet it
- Module 14: The final assessment and closing outPractitioner Course
- Module 12: The Contractor's share and the final accountPayment and Defined Cost