Progress payments are billed as work is completed, tied to milestones or percentage-of-completion rather than paid all at once. The contractor submits a payment application showing work done, the owner (and any lender) verifies it, and payment follows — with retainage withheld until completion. This keeps payments aligned with actual progress.
Rize Construction: Rize bills against verified milestones so you only pay for work that's actually been completed.
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