Practice question
What is the relation of a provisional deposit to the final amount due?
- It necessarily fixes final value in all cases
- It is credited toward the compensation ultimately determined
- It is always an extra penalty unrelated to payment
- It eliminates all evidence on valuation
- It belongs automatically to the contractor
Legal references
- RA12289 Section7, amended Section7(f): https://lawphil.net/statutes/repacts/ra2025/ra_12289_2025.html
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