I am reviewing a schedule of value for a project that does not have a % of the project total assigned to project closeout. I have heard the industry standard is 10% of the overall project is given to project closeout.
This does not seem to be a legal question, you may want to try a different forum on another site.
Disclaimer: Levelset is not a law firm, and my comments and the comments of other Levelset employees should not be interpreted as legal advice. See More...