progress payments

简明释义

逐步付款

英英释义

例句

1.The contractor submitted the invoice for the latest round of progress payments, which are 阶段性付款 based on completed work.

承包商提交了最新一轮的阶段性付款发票，基于已完成的工作。

2.Before releasing the progress payments, the project manager needs to verify the quality of the work done, which are 阶段性付款。

在释放阶段性付款之前，项目经理需要验证已完成工作的质量。

3.The terms of the contract specify that progress payments will be made every month, which are 阶段性付款。

合同条款规定每个月将进行阶段性付款。

4.To ensure cash flow, the company relies on progress payments from clients as projects advance, which are 阶段性付款。

为了确保现金流，公司依赖客户在项目进展中提供的阶段性付款。

5.After the first phase of construction, the developer received the first set of progress payments, which are 阶段性付款。

在建设的第一阶段后，开发商收到了第一笔阶段性付款。

作文

In the world of construction and large-scale projects, financial management is crucial for success. One key aspect of this management is the concept of progress payments, which refers to the partial payments made to contractors or service providers based on the work completed at various stages of a project. This approach not only ensures that the contractor has sufficient cash flow to continue operations but also provides an incentive for them to complete the work on schedule. The use of progress payments is particularly beneficial in long-term contracts where the total cost can be significant, and it helps mitigate the financial risk for both parties involved.The process of making progress payments typically involves several steps. First, the contractor submits a request for payment, detailing the work completed and the corresponding costs incurred. This request is often accompanied by documentation such as invoices, receipts, and progress reports. Once the request is submitted, the project owner or their representative will review the information to ensure that the claimed work aligns with the agreed-upon milestones outlined in the contract.After verification, the project owner authorizes the progress payments to be made, allowing the contractor to receive funds for their completed work. This system creates a transparent financial environment where both parties can track the project's progress and expenditures effectively. Furthermore, progress payments can help maintain a good working relationship between contractors and clients, as timely payments can foster trust and motivate contractors to deliver quality work.However, it is essential to establish clear terms regarding progress payments at the beginning of a project. The contract should specify the criteria for determining the amount of each payment, the timing of these payments, and the documentation required to support the payment requests. Without these details, disputes may arise, leading to delays and potential project failures.Additionally, progress payments can vary significantly depending on the industry and the nature of the project. For instance, in construction, payments might be tied to specific milestones like the completion of the foundation, framing, or roofing. In contrast, in software development, progress payments may be linked to the completion of project phases, such as design, development, and testing.Another critical aspect of progress payments is the need for effective communication between all parties involved. Regular meetings and updates can help ensure that everyone is on the same page regarding project status and any issues that may arise. This proactive approach can prevent misunderstandings and facilitate smoother transactions.In conclusion, progress payments are a vital component of project financing, particularly in sectors like construction and engineering. They provide a structured way to manage cash flow and ensure that contractors are compensated fairly for their work as projects progress. By establishing clear terms and maintaining open lines of communication, both contractors and clients can benefit from this payment method, leading to successful project outcomes and lasting professional relationships.

在建筑和大型项目的世界中，财务管理对于成功至关重要。这个管理的一个关键方面是进度支付的概念，它指的是根据项目各阶段完成的工作向承包商或服务提供商支付的部分款项。这种方法不仅确保了承包商有足够的现金流以继续运营，而且还为他们按时完成工作提供了激励。使用进度支付在长期合同中尤为有利，因为总成本可能相当可观，并且它有助于减轻双方的财务风险。进行进度支付的过程通常涉及几个步骤。首先，承包商提交付款请求，详细说明已完成的工作和相应的费用。这一请求通常伴随有发票、收据和进度报告等文件。一旦提交请求，项目业主或其代表将审核信息，以确保所索赔的工作与合同中商定的里程碑相符。经过验证后，项目业主授权进行进度支付，使承包商能够获得已完成工作的资金。这种系统创造了一个透明的财务环境，使双方能够有效跟踪项目的进展和支出。此外，进度支付可以帮助维护承包商与客户之间良好的工作关系，因为及时的支付可以促进信任并激励承包商交付优质的工作。然而，在项目开始时明确建立关于进度支付的条款是至关重要的。合同应具体说明每笔付款的金额、支付时间以及支持付款请求所需的文件。如果没有这些细节，可能会出现争议，导致延误和潜在的项目失败。此外，进度支付根据行业和项目性质可能会有显著差异。例如，在建筑行业，付款可能与特定的里程碑挂钩，如基础、框架或屋顶的完成。相比之下，在软件开发中，进度支付可能与项目阶段的完成相关联，如设计、开发和测试。进度支付的另一个关键方面是各方之间需要有效的沟通。定期会议和更新可以帮助确保每个人都对项目状态及可能出现的任何问题保持一致。这种主动的方法可以防止误解并促进更顺畅的交易。总之，进度支付是项目融资的重要组成部分，特别是在建筑和工程等行业。它们提供了一种结构化的方法来管理现金流，并确保承包商在项目进展过程中公平地获得报酬。通过建立明确的条款并保持开放的沟通渠道，承包商和客户都可以从这种支付方式中受益，从而导致成功的项目结果和持久的专业关系。