Payment Schedule & Progress Claim Review Template
The Progress Claim Review Spreadsheet is a crucial tool in construction project management. It serves to verify the accuracy and compliance of progress claims submitted by contractors or subcontractors with the terms of the construction contract. This spreadsheet facilitates a comprehensive review process, ensuring that the work claimed aligns with the project's schedule and specifications. It aids the recipient, often the principal contractor, in meticulously assessing the submitted claim, thereby promoting transparency and accountability in the payment process. By streamlining this critical step, the spreadsheet contributes to efficient project financial management and dispute prevention in the construction industry.