In this video you will learn everything you need about payment terms and you will have all the details explained, like the advance payment, progress payment with example. You will also learn about all the terms and conditions related to payment that can be found in any contract within the construction industry. Please visit our YouTube channel: https://www.youtube.com/channel/UCtFLgx5dKfNyGGtrWKRCT2A If you would like to join our Facebook page where we discuss everything related to quantity surveying and cost estimation: https://www.facebook.com/costengpro/