Question: Match the terms to their definitions. Question 6 options: A certain percentage of money owed to the contractor for work progress that is held back
Match the terms to their definitions. Question 6 options: A certain percentage of money owed to the contractor for work progress that is held back by the owner to encourage completion of the project. A written request for clarification regarding the plans or specifications. The requests are usually made by subcontractors through the general contractor to the architect. A budget template established early on in the project against which progress payments are measured. The schedule summarizes the total project cost by the various divisions of work. 1. request for information 2. retainage 3. schedule of values
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