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Hi, I cannot download a excel sheet for below? thanks. Construction Payment Schedule Template can you please help? thanks....Read More
Anonymous Contractor
1 answerAdd commentDec 5, 2022
Washington DCConstruction Contract
Can I use music for my videos without copyright? If I create a commercial to sell my courses, will there be no problems with the law or will I be forced to remove the commercial or will monetization not be removed?...Read More
Karl Williams
Waiting for answerAdd commentNov 30, 2022
Washington DC
Hello We are researching information about Materialman’s Lien for project in Washinton DC. I found this article about it, but Washington DC state is not specified. https://www.levelset.com/blog/materialmans-lien-overview-for-suppliers/ We are materials supplier, and we fabricate windows specifically for each project. The client can’t accept windows at the moment, and we are storing them in a warehouse for 76 days. We would like to clarify regarding Lien option on specifically fabricated materials, what are the due dates and documents we would need to submit in case client will not take windows from warehouse. Thank you!...Read More
Nigora Salikhova
Waiting for answerAdd commentNov 8, 2022
Washington DCLien DeadlinesMechanics Lien
Hi!. I have a query, can the main contractor pay for the employees of the subcontractor in place where they have delayed to pay the subcontractor money?...Read More
Anonymous Contractor
Waiting for answerAdd commentOct 10, 2022
Washington DCConstruction Contract
Good morning Mr David, Trust this mail meets you well. I am currently having issues with our external auditors on recognition of revenue in the books of our company that is into real estate development. Here is the summary, the modus operandi of the business is to buy a virgin land, develop units of flats on the same and sell the same to subscribers. In the books of the company, deposits made by the subscribers for any ongoing project is recognized as a liability while the development cost on the same is treated as an inventory pending completion of the project. So, in any financial year that a project is completed, the Subscribers deposit in the SOFP is debited while revenue in the SOPL is credited with the total amount received. Also, the Development cost (as an inventory in the SOFP) is credited while development cost in the SOPL is debited. At the moment ,we are having difficulty in applying IFRS 15 in recognizing revenue to be reported for the period ended 31st Dec 2021 because the projects are still ongoing. The following are my questions: Is IFRS 15 applicable in this scenario. If yes, how best can we resolve this? If No, what other options are available for us to be able to recognize revenue without violating the standard. I will appreciate your prompt response and professional advice on this . Regards Sunday Babajide...Read More
Anonymous Contractor
Waiting for answerAdd commentApr 27, 2022
Washington DCConstruction AccountingPay Applications
I am working on a project and not getting paid. I am out about 300k...Read More
Anonymous Contractor
1 answerAdd commentFeb 24, 2022
Washington DCBond Claims
We are currently working on a job in Washihington that has not funded for December and my boss wants to know if we are able to file a Construction Lein . The Contractor is located in Arlington Va....Read More
Anonymous Subcontractor
1 answerAdd commentMar 10, 2022
Washington DCCollections
Hi. Just doing some research for coursework. Within construction, there are 5 main contracts, of which are encompassed by larger standardised documents such as JCT/NEC? Thanks, Sam...Read More
Anonymous Contractor
Waiting for answerAdd commentNov 18, 2021
Washington DCConstruction Contract
we are a material supplier on a Wash. DC project. GC has not paid and we need to file lien. We last supplied the project 8/17/21. One requirement in DC seems to be a contractor's license. as a materialman we would not obtain one. Does the req> reference the GC's license? If so, how do we obtain the number or copy of it. Thanks...Read More
Steve Henderson
2 answersAdd commentOct 30, 2021
Washington DC
What is another alternative if it has been more than 90 days, and still not paid? It seems too late to do a mechanics lien. ...Read More
Anonymous Contractor
1 answerAdd commentOct 26, 2021
Washington DCMechanics Lien
Hi there, On a Lump Sum contract, the Specification lists for UPS battery type A or B is acceptable. Who decides which? I.e. Is it the Contractor who can benefit when choosing the lower price product. or is it the Engineer, who expects that the Contractor will have prices for the most erroneuos option in all cases, to cover himself and benefit if low price option is required Thanks Danni ...Read More
Anonymous Contractor
Waiting for answerAdd commentSep 24, 2021
Washington DCConstruction Contract
I have a dispute with the GC. Do I need to include the property description?...Read More
Anonymous Contractor
Waiting for answerAdd commentAug 29, 2021
Washington DCMechanics Lien
As a Contractor, am I bound by an Industry Standard or Best Practice to conduct meetings with the Owner, the Architect, or even my subs, if not explicitly stated in either the Contract (AIA A101-2017 or the General Conditions (AIA A201-2017)? No specifications were issued, only drawings, and those do not have specs on them either. I typically see meeting requirements in the Division 01 spec, but the Owner is demanding Progress Meetings, justifying it by saying it's "industry standard." Thanks....Read More
Anonymous Contractor
Waiting for answerAdd commentAug 6, 2021
Washington DC
We have a lien going on, the customer signed and agreed the terms and conditions in our estimate. The terms and conditions says in there that if for any reason we have to file a lien or we have to hire attorney the outstanding amount will be added attorney fees and a percentage of interest per day and balance. The customer already hired a lawyer and he contacted me, and he say we can't do that even if she signed the terms. im not sure if thats true or not i need to have a better knowledge about this...District of Columbia (DC)...Read More
Kenia Flores
1 answerAdd commentJun 14, 2021
Washington DC