Important Construction Billing Clause & Their Concepts for Interview

Hi friends in this video i have explained some basic concept & way forward of contract agreement / work order as LOI - Letter of Intent, LOA Letter of Award, Work Orders, and their important clause what is Retention Money, Virtual Completion, Defect Liability Period, Successful Completion, Liquidate Damages etc. how these clauses are applicable on RA Bills & other work for Construction Projects. A must watch for every Billing Engineer and Contract Engineer. Linkk for Joining Membership    / @factualcivilengineering   More Construction Billing Related Videos : How to Make Construction RA Bills - Initial Procedure and Basic of Construction Bills    • How to Make Construction RA Bills - Initia...   How to Make Construction RA Bills Stage 2 - Major Value Projects Construction Bills    • How to Make Construction RA Bills Stage 2 ...   Construction Final Bill Procedure Stage 3 - For Normal & Major Value Projects    • Construction Final Bill Procedure Stage 3 ...   Bill of Quantities, Extra Items Deviation Quantity in Construction - Tender Process in Hindi    • Bill of Quantities, Extra Items Deviation ...   Billing Engineer vs. QS Engineer - Difference in Roles & Responsibilities    • Billing Engineer vs. QS Engineer - Differe...   Type of Construction Contracts - Contracts Vs. Agreement    • Type of Construction Contracts - Contracts...   #FactualCivilEngineering #Tender #ConstructionBilling