A verified claim for payment from the Transaction Recovery Fund must occur within a maximum period from what date?

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The correct choice is based on the specific timeline related to making a claim from the Transaction Recovery Fund. When a contractor or supplier seeks to recover funds due to non-payment or other grievances, the claim for payment must be substantiated by a legal process. This typically involves obtaining a final judgment in court.

Once a claimant is awarded a final judgment, they have a defined period to submit their verified claim to the Transaction Recovery Fund. This timeline is crucial as it establishes the point from which the claimant has a right to seek recovery of their losses. If the claim is not submitted within this time frame, they may forfeit their right to the compensation provided by the fund.

Other choices, while relevant to the contracting process, do not pertain directly to the specific timing required for submission of a claim to the Transaction Recovery Fund. The date of the contract and the date the work began pertain to the initiation of the contractual relationship and the start of services, respectively. The date of payment request can be important in a payment context but is not aligned with the formal legal processes involved in pursuing a claim after receiving a judgment.

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