Question: Name and define the two most basic financial documents for assessing the financial strength of a contractor. Discuss the process for percentage of completion payments

  1. Name and define the two most basic financial documents for assessing the financial strength of a contractor.
  2. Discuss the process for percentage of completion payments on a lump-sum contract.
  3. Define shop drawings and what they are used for.
  4. Define the job log and describe its significance.
  5. Name and briefly discuss to two types of alternative dispute resolution.

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