I sub-contractr for Imperial valley Sewer Water upgrade. GC continuously delays to pay, PP1 and now PP2 explanation, they did not receive money for our HVAC PP2 from the city. We submitted the PP2 on Jan1st 2021 and is now over due and will most likely continue that way until it gets paid which will like not happen until March 2021...Do I have rights to late fees and interest? We have billed over $75,000.00 that most like will be delayed about 50% is now in delay by GC, has been an issue from the start of this project, their claim is they will not pay until it is all installed, meaning i will carry the burden of of over $100,000 in cost for equipment and labor. There was no reply to our PP2 request for 30 days after the request as submitted, reason for delays by GC unconditional release forms of PP1 missing forms. Ridiculous, there are financial requirement to carry the initial cost and operating cost for these multimillion contract types, i paid my suppliers and my labor and I want that money back into my checking account. I am a certified DGS Small contractor.
You may be entitled to prompt payment penalties in this situation, but I would need to have more information. It is critical that you follow your contract regarding any delay notices, so please review those. There are a couple of issues here that would require more conversation, if you want to talk them over feel free to give me a call. My direct line is 213-926-1516.