Before the first progress payment, the owner requests a schedule of values. What is its main contract-payment function?
Correct Answer
A) Allocate the contract sum among work items as the basis for reviewing progress payments
The schedule of values allocates the contract amount across work items and supports review of pay applications. Other choices confuse it with schedule management, contacts, or product review.
Why This Is the Correct Answer
The schedule of values allocates the contract amount across work items and supports review of pay applications. Other choices confuse it with schedule management, contacts, or product review.
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