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Seven Things to Do When an Owner Doesn’t Pay

Constructonomics

Of course we fronted large amounts of money for labor and materials that we were now looking to finance because payment was not being made. This attention to detail is paramount when trying to collect money because people tend to have amnesia when it involves payment and especially when it involves change orders.

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The Real Lemon in the Bunch: Understanding Pay-If-Paid Clauses in Construction Contracts

Best Practices Construction Law

The subcontract between the general contractor and the concrete subcontractor contained the following clause: “The obligation of contractor to make payment under this agreement, whether a progress or final payment, or for extra or change orders or delays to the work, is subject to the express condition precedent of payment from the owner. ”.

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7 Steps to Successful Project Closeout

Autodesk Construction Cloud

Problems like delayed change orders, poor communication and lost paperwork may make it harder to close out a project on time. The first step is to track every part of the project to streamline reviewing legal terms and change orders, for example. Delayed change order resolution.

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40 Best Construction Podcasts in 2022

Levelset

Podcasts are now an essential medium for sharing information, and experts across the construction industry share their wisdom every day with listeners interested in growing a construction business, learning about the latest construction trends and technology, and building their understanding of construction law and finance. The Lien Zone.

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New Contractor Business Start Up

Contractor Bookkeeping

Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. You say O.K.

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Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. You say O.K.

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We Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Did You Use Your Personal Credit Cards - And supplier accounts to finance your new business and perhaps you were not careful about what you bought? Your contracts need a well-defined scope of work, clear payment terms, a reasonable schedule and a good change order clause. You say O.K. This is getting extremely stressful.