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Homefloat ownership

Tag: float ownership

Posted on 21st January 2020
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Float & Float Ownership

Understanding the concept of Float and Float Ownership is critical to those administering NEC3 Engineering and Construction Contract. Unfortunately both concepts are often misunderstood. I have heard the phrase “Contractor owns the float” too many times. Let’s look into...

contract administration, contract management, float, float ownership, NEC3

NEC3/NEC4, Project Services

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