50-percent completion definition
50-percent completion has the meaning set forth in the Contract Documents or, if not defined in the Contract Documents the point at which the City has expended at least fifty percent (50%) of the total cost of the construction services purchased under the Contract, together with all costs associated with existing change orders and other additions or modifications to the Services provided for under the contract.
50-percent completion means the point at which the OWNER has expended 50% of the Adjusted Contract Price.