Mobilization Advance & Secured Advance I Advance in Construction Projects
Channel: Knowledge Hub
Date: 30/11/2020

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In this video the details of mobilization advance & Secured advance is explained.
What is mobilization advance? What is its percentage? How it is recovered? What is the interest rate for it? Stages of release of mobilization advance is also explained. Mobilization advance against irrivocable Bank guarrantee & its amount also explained. The recovery of mobilization is also explained.
What is secure advance? What is its percentage? How it is paid to contractor? How it is recovered?

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