What precisely is meant by the term "settlement time," and what steps might be taken to avoid its occurrence?

Fundamentals Of Construction Estimating
4th Edition
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Pratt, David J.
Chapter8: Pricing Generally
Section: Chapter Questions
Problem 9RQ
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What precisely is meant by the term "settlement time," and what steps might be taken to avoid its occurrence?

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