Distributing funds to complete contract
BAC is the budget at completion is the cumulative BCWS at the end of this contract. EAC stand for estimate at completion which is the contractor's best guess estimate of how much the effort will actully at the end of the contract.
provide funding for contract actions
provide funding for contract actions
Unless there is some special clause in the estimate, you may not charge any extra. An estimate is a contract, and binding on both parties if accepted.
It is an contract between one or more buyers and one ro more supplier to estimate the amount of items to be delived at the rigt the price and at the the right place agreed
This will be up to the adjuster. Sometimes they will allow you to do this if you are qualified to do so and you agree to the estimate that the adjuster comes up with.
The mortgage specialist not providing the loan information is not grounds for breaking the contract as the contract is with the seller and not the lender. Find a different lender if you are going to continue w/the loan, or if you want to break the contract you will probably lose any money you have put down as security.
Depends on the Contract. Alot of subcontractor contracts prevent this. If the Prime contractor has received an estimate from a subcontractor and the subcontractor is working at the site or project under a estimate or purchase order then yes, the Prime contractor can be held liable for all monies under the contract if the subcontractor can prove that the employees were on their payroll and during this project the Prime contractor solicited Sub employees to become independent contractors.
Contract to sell is an executory contract while contract of sale is an executed contract.
contract is contract
contract is contract