Does the working capital loan need the progress of engineering quantity to pay for the project?
Need. The working capital loan can be used to pay the project payment, and the payment of the project progress payment is settled according to the actual workload completed in the current month. After the completion of the project, the completion settlement needs work progress. Project payment refers to the price obtained by a construction enterprise to settle the completed project or completed project with the contractor in accordance with the contract provisions and project settlement methods.