Interim Payment
Interim payment is an amount or money disbursed to contractor on running account payment, advance payment, secured Advance payment, mobilization advance etc.
PWD form no 47 is used for making interim payment the work done or supplies are duly recorded in MB and contractor is paid from time to time in such way that during progress of work he receives an amount which compounds to the extent of work done by him.
PWD form no 47 is used for making interim payment the work done or supplies are duly recorded in MB and contractor is paid from time to time in such way that during progress of work he receives an amount which compounds to the extent of work done by him.
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