Fieldwire

AUGUST 14, 2023

Retainage is up for negotiation Retainage is not set in stone. Every contract is negotiable, including what percentage is retained and for how long. BLOG How to Streamline Construction Processes from Planning to Payments Learn more → In addition, the same contract has a provision for negotiating variable retainage.

Contractors 98

Contractors Cash Flow Lien Negotiation 98

Levelset

MARCH 31, 2022

If a contractor doesn’t receive payment, they can’t go after the insurance company – but they do have the right to file a mechanics lien on the owner’s property. With new customers in difficult situations, laying the foundations for great relationships takes on great importance. Avoid insurance negotiations.

Insurance 93

Insurance Deals Contractors Claims 93

Lets Build

APRIL 6, 2022

Retainage percentages and negotiations. You can also negotiate for variable retainage, which can work in a couple of different ways. First, subcontractors that perform their roles early on in the project, like laying foundation, will likely have to wait long periods before they can get those payments.

Cash Flow 147

Cash Flow Lien Construction Negotiation 147

Contractor Bookkeeping

JUNE 20, 2014

With labor Pools they take care of all of that and you pay a fixed cost per hour or whatever you negotiate with the service. Lien Waiver - Do not ever give a lien waiver in advance of the check clearing the bank. Lien Waiver - Do not ever give a lien waiver in advance of the check clearing the bank.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

JANUARY 2, 2015

With labor Pools they take care of all of that and you pay a fixed cost per hour or whatever you negotiate with the service. Lien Waiver - Do not ever give a lien waiver in advance of the check clearing the bank. Lien Waiver - Do not ever give a lien waiver in advance of the check clearing the bank. The Hard Way.

Construction 48

Construction Insurance Accounting Claims 48

Contractor Bookkeeping

OCTOBER 4, 2013

Education is the foundation for shifting paradigm. Negotiate a fair deal that allows the bank to get something and you get something, a win-win and you will find more great deals coming your way in the future. Sales tax liens against contractors twenty two times higher than any other business.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Buisness Facilities Contributed Content

MARCH 21, 2014

The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. The SBA takes a second lien on assets and finances up to 40 percent of the project cost, up to $1 million in some cases. Borrowers inject 10 percent in the form of cash or equity in real estate.

Income 75

Income Finance Zoning Equipment 75