Examples of Running in a sentence
Running payment for work may be made to the executing agency as per availability of fund.
In such an event, rent for 6 months shall be retained from 1st Running bill of the Contractor as security & rent from second month shall be recovered from subsequent running bills.
The advance shall be recovered in full from next Running Account bill and fresh advance paid for the balance quantities of materials.
For payment of Running Account Bills, the mandatory documents, like copy of paid challans of PF/ ESI, Royalty (if applicable), paid bills of water& electricity, copy of Workmen Compensation Policy, copy of labour license, Theoretical Consumption Statement of Cement, Steel &Bitumen, Invoice of cement, steel & bitumen, test reports, Proof of deployment of Site Engineer etc, shall be required at the time of Ist RA bill & final bill.
Running A/c Bills shall be granted in approved format as mentioned in NIT.