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Recovery Contract

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Availability: In stock

Contract ID : skurecoverycontract
Category : Contracts
Description : Recovery Contract-
A claim is an amount that the contractor seeks to collect from the customer or another party as reimbursement for costs not included in the contract price. A claim may arise from, for example, customer caused delays, errors in specifications or design, and disputed variations in contract work. The measurement of the amounts of revenue arising from claims is subject to a high level of uncertainty and often depends on the outcome of negotiations.

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