SAL - what does it mean?

11/19/2009 - 03:32

As the title says - What do the initials 'SAL' mean, when you get a 'fattura' from a construction company with a 'SAL' attached itemising work that might or might not have been completed at that time. Is it simply a staged payment, or an acceptance that the items listed are completed satisfactorily? A literal translation of the letters would help, if anyone knows.Ta

Topic

Renovating

Comment

Stato Avanzamento Lavori

Lollita. Thank you. You're a star. I can Google it now.

This is the equivalent to a UK "valuation" or stage payment. It should not, subject to what your contract may say, imply any acceptance. You should normally have a % retention (5%?) which you hold until you are satisfied all the works are completed to your satisfaction

SAL - what does it mean?

Comment

Stato Avanzamento Lavori

Lollita. Thank you. You're

SAL

Latest property in Italy

Related Questions