{"id":12491,"date":"2018-09-23T12:23:41","date_gmt":"2018-09-23T12:23:41","guid":{"rendered":"https:\/\/examchum.uk\/?p=12491"},"modified":"2021-02-14T10:57:56","modified_gmt":"2021-02-14T10:57:56","slug":"valuation-and-payment-certificate","status":"publish","type":"post","link":"https:\/\/examchum.uk\/landscape-architecture\/valuation-and-payment-certificate\/","title":{"rendered":"Which takes precedence, a valuation or a payment certificate?"},"content":{"rendered":"<p>A valuation is the process in which the completion of a certain amount of works carried out by the Contractor, is verified by the Contract Administrator prior to requesting a payment from the Client.<\/p>\n<p><a href=\"https:\/\/examchum.uk\/landscape-architecture\/types-of-construction-certificates\/\">Payment certificates<\/a> (Interim Certificates \/ Final Certificate) are issued by the Contract Administrator for completed work &#8211; whether reaching agreed milestones or for partial completion calculated in a percentage of the total amount of works.<\/p>\n<p>Therefore it is always the valuation that comes first before issuing a payment certificate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A valuation is the process in which the completion of a certain amount of works carried out by the Contractor, is verified by the Contract Administrator prior to requesting a payment from the Client.<\/p>\n","protected":false},"author":1,"featured_media":11084,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[153,20],"tags":[442,597,115,427,428,501],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Which takes precedence, a valuation or a payment certificate? 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