Retention Money definition

Retention Money means the accumulated retention moneys which the Procuring Entity retains under Sub-Clause
Retention Money means the accumulated retention moneys which the Procuring Entity retains under Sub- Clause 14.3 [Application for Interim Payment Certificates] and pays under Sub-Clause 14.9 [Payment of Retention Money].
Retention Money means the aggregate of all monies retained by the Employer.

Examples of Retention Money in a sentence

  • How Long It Will Take To Do a Task The Critical Chain Approach Full process of Tendering \u0026 Contracts with all terminologies from start to end - Explained | - Full process of Tendering \u0026 Contracts with all terminologies from start to end - Explained | - Construction,, Invoicing, RAB, Running Accounts Bill, Retention Money, Security deposit, Recovery, Bank Guarantee, BG, ...


More Definitions of Retention Money

Retention Money means the money retained from R.A.Bills for the due completion of the "LET WORS".
Retention Money means the aggregate of all monies retained by the Employer pursuant to Sub-Clause 60.2(a).
Retention Money shall have the meaning set forth in Clause 7.5;
Retention Money means the aggregate of all monies retained by the Employer pursuant to Clause – 38 of Section II.
Retention Money means the aggregate of amount retained by the Employer as Security Deposit.
Retention Money means the accumulated retention moneys which Narok County Government retains under Sub- Clause 14.3 [Application for Interim Payment Certificates] and pays under Sub-Clause 14.9 [Payment of Retention Money]. “Statement” means a statement submitted by the Contractor as part of an application, under Clause 14 [Contract Price and Payment], for a payment certificate.
Retention Money means the security to be deducted from the payable amounts of the Contractor in accordance with the terms and conditions of the Contract.