Best Buy

Best Buy is typically a Property Owner / Public Entity who has worked on 55 jobs in the last 12 months according to available project information. Learn more about Best Buy's recent projects, reviews from other contractors, and general payment terms below.
Top
25%
5
Payment rating rank in the industry. These ratings are left by other contractors. Learn More.
Pay Score:
Medium

Reviews of Best Buy

Top 25%
Payment rating rank in the industry. These ratings are left by other contractors. Learn More.

No other contractors have reviewed Best Buy's payment process and practices. Review your experience with Best Buy anonymously and quickly.

5
- 100%
4
- 0%
3
- 0%
2
- 0%
1
- 0%

Best Buy Awards

What do you think about how Best Buy pays you? Anonymously review your recent payment experience

For Subs of Best Buy

Want to bid on a project with Best Buy or not sure what documents you should be exchanging? See the number of open bids, how to apply for work, and the documents you should be exchanging based on job progress.

What are you looking to do?

Apply to work with Best Buy

Start of Job

Send Preliminary Notice

40 others have sent to Best Buy recently with Levelset.

Change of Job Items

Apply for payment

Send Pay Application

4 contractors have recently sent with Levelset.

Need Progress Pay for Completed work

Send Partial Conditional Lien Waiver

52,689 contractors have recently exchanged with Levelset.

Finished Job and Need Final Payment

Send Final Conditional Lien Waiver

52,689 contractors have recently exchanged with Levelset.

Waiting for payment from Best Buy

Show other steps 
Is your invoice taking long to get paid?
Send an Invoice Reminder. Other contractors send an invoice reminder 15 and 25 days after sending an invoice.
Have an overdue invoice?
Send a Notice of Intent to Lien to push for payment and avoid a mechanics lien. A notice of intent to lien results in payment on more than 95% of projects.

Best Buy Job History, Rankings, and Trends

Need Payment Help?

Based on the all-time 434 jobs publicly available, contractors working with Best Buy are paid on-time on 97% of jobs with 6 reported instances of slow payment. Best Buy ranks in the top 60% of contractors in the United States. Relative to other contractors in the United States, Best Buy pays at a Medium payment speed.

Below you can find recent projects Best Buy worked on that had reports of slow payment. Subs and vendors reported slow payment on 2% of Best Buy’s jobs in the last 12 months. These subs sped up payment by exchanging no slow payment claims, sending 1 lien threats, and filing no mechanics liens.

Lien threatened for Commercial project in Eden Prairie, Minnesota

Lien threat value $10,000 | 7 months ago

Best Buy is featured in these lists

Best Buy Project and Payment Info

Payment Score
Medium

Compared to other contractors' pay history, Best Buy's payment Score is Medium.

How Levelset computes this
Top
60% Medium Companies

Recent Payment Performance

98% of projects in the last 12 months had no reported payment issues by other contractors.

Last 12 months - 98%

Payment Performance Over the Years

According to available information, 97% of projects in 2019 had no reported payment incidents.

2020 - 100%
2019 - 97%
2018 - 100%

Key Payment Steps and Software

Preliminary Notice

Always send

Best Buy uses Levelset for preliminary notices. Send Preliminary Notice

Lien Waivers

Always Exchange

Best Buy has not listed their lien waiver process. Send waivers with Levelset

Typical Contract Terms

Retainage

Usually no retainage in Minnesota. See typical retainage by State for Best Buy.

100% No retainage

Payment Terms

Others typically said they were paid on invoice from Best Buy. See what were common payment terms.

100% Paid on invoice

Days to Payment

Typical days to payment not yet collected for Best Buy. How many days did it take for you to be paid?

Office Locations

Minnesota

7601 Penn Ave S, Minneapolis, MN 55423

California

269 Southland Mall, Hayward, CA 94545

25080 Madison Ave, Murrieta, CA 92562

See all Addresses