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Difference between Advance Payment Guarantee and Performance Bond?
Contract Performance Bonds - Contractors will usually be asked to provide a performance bond for up to 20% of the contract price to protect the employer.Advance Payment Bonds - In circumstances where advances are being given before work is carried out or material delivered an advance payment bond protects the party making the advance recover the funds if the work is not completed or materials are not supplied.
What does monthly periodic payment means?
a monthly periodic payment is a payment made each month at a specific time each month. This can either be a payment made to an individual such as an annuity payment, or a payment made from an individual such as a loan payment.
How do professional athletes receive their compensation?
Professional athletes receive their compensation through a combination of salary, bonuses, endorsements, and performance incentives. Their contracts outline the terms of their payment, which can vary based on their individual performance, team success, and market value.
Can the bank reverse a Zelle payment?
Yes, banks can reverse a Zelle payment in certain circumstances, such as if there was an error or fraud involved.
I have unfiled tax returns, what can I do?
Filing a past due return may not be as difficult as you think. Taxpayers should file all tax returns that are due, regardless of whether or not full payment can be made with the return. Depending on an individual's circumstances, a taxpayer filing late may qualify for a payment plan. All payment plans require continued compliance with all filing and payment responsibilities after the plan is approved. However, full payment of taxes saves you money.
What is a payment of performance deposit for?
A performance deposit ensures a contractor's performance of his bid to perform labor and/or provide materials to a jobsite or client.
Can you stop a good for payment cheque?
No. A good for payment is automatically paid to the beneficiary upon the maturity of the check. A bank undertakes the responsibility that it will not stop the payment of the check under any circumstances.
How much was state pension in 1949?
In 1949, the state pension in the United Kingdom was around £1 a week for a single person. The exact amount varied based on the individual's circumstances, but the average payment was approximately £52 per year.
Are pensions paid in arrears?
Yes, pensions are typically paid in arrears. This means that the payment for a given period, such as a month, is issued after that period has ended. For example, a pension payment for January might be received at the beginning of February. This practice allows for the calculation of the exact amount owed based on the individual's circumstances during the preceding period.
Does a guardian get paid?
In some cases, guardians can receive payment for their services, particularly if they are appointed by a court or if they are providing care for a person who requires significant assistance. Payment can come from the individual's funds, government programs, or specific guardianship compensation arrangements. However, the rules and availability of compensation vary by jurisdiction and the circumstances of the guardianship. It's essential for guardians to understand their rights and obligations regarding payment in their specific situation.
Can a bank reverse a Zelle payment?
Yes, a bank can reverse a Zelle payment in certain circumstances, such as if there was an error or fraud involved. It is important to contact your bank as soon as possible if you need to reverse a Zelle payment.
Is it possible to reverse an ACH payment?
Yes, it is possible to reverse an ACH payment under certain circumstances, such as if there was an error in the transaction or if the payment was unauthorized. However, the process and requirements for reversing an ACH payment can vary depending on the bank or financial institution involved.
