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welcome back to growth Minit company where we delve into the intricate world of fit yellow books Clauses today weamp;#39;re exploring Clause 14.2 a crucial element for understanding the Dynamics of advanced payments and construction contracts letamp;#39;s dive in and unravel its purpose and implications for both contractors and employers the initial steps of any construction project are critical mobilization laying the groundwork and Design activities set the stage for the entire project thatamp;#39;s where Clause 14.2 of the fidic Yellow Book 1999 steps in acting as a financial Catalyst for contractors but this isnamp;#39;t just a straightforward cash advance there are specific conditions and mechanisms in place ensuring a balance of interests between the contractor and the employer first up the guarantee requirement before a contractor can even think of receiving an advance Advance payment they must provide a guarantee as outlined in sub Clause 14.2 this guarantee isnamp;#39;t j
