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Cash Flow Questions
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Cash Flow
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Is 60% up front, 40% at finish seem reasonable for a complete kitchen remodel for material and install
South CarolinaHello, How long can a company wait to charge my credit card after a project was completed??? I hired a company to install a fence in my yard. They
required 50% for a deposit and the other 50% on completion. The company installed my fence early November 2022 and never charged my car...Read More
Illinoisrequired 50% for a deposit and the other 50% on completion. The company installed my fence early November 2022 and never charged my car...Read More
Just wondering. What protects the company that offers the funding ? If they don't have lien rights, what protects them?
New YorkIt has always been after four progress payments, the final payment would be after City Inspectors sign-off and home owner inspection that the job was
completed. Recently the GC requested a final payment after stating electrical was completed and the City Inspector signed-off the electrical, but ...Read More
Californiacompleted. Recently the GC requested a final payment after stating electrical was completed and the City Inspector signed-off the electrical, but ...Read More
Good Morning. I own a plumbing company in CA. We have been in business since 91'. We have been going through some major growth recently. I am
currently bidding a project that cost wise, is much larger then we have ever done. In the contract payment terms, would it be normal for us to as...Read More
Californiacurrently bidding a project that cost wise, is much larger then we have ever done. In the contract payment terms, would it be normal for us to as...Read More
I’ve searched different websites and still can’t find an answer. I’m a California general contractor and a subcontractor (cabinet maker) is asking for a 10%
deposit ($10k) and wants progress payments while they are fabricating the cabinets. Since I, as a GC, can’t ask for progress payments without ...Read More
Californiadeposit ($10k) and wants progress payments while they are fabricating the cabinets. Since I, as a GC, can’t ask for progress payments without ...Read More
I have a question regarding the Prime's delay in submitting a subcontractor's invoices to a vendor for payment. My business provided work for a Prime
contractor. They are now rejecting invoices that are over 1 year old, even though we submitted these invoices in a timely fashion. Is there any re...Read More
Illinoiscontractor. They are now rejecting invoices that are over 1 year old, even though we submitted these invoices in a timely fashion. Is there any re...Read More
if the owner sells his building before the retainage is due, does he have to give me the full amount of retainage at the point of sale? AIA 101- 2007 and GC's
A201-2007 edgetci@gmail.com there are no liens available in my area
FloridaA201-2007 edgetci@gmail.com there are no liens available in my area
Hi there, The question says it all. We are a new water restoration company in Florida and we are trying to find the best path to getting paid faster. I
understand that the Assignment of Benefits is one option for us. I also understand that lien rights are important. Under what situations should I u...Read More
Floridaunderstand that the Assignment of Benefits is one option for us. I also understand that lien rights are important. Under what situations should I u...Read More
I need to file a lien on this job that owes me $13550.00. What's my next step?
North CarolinaI started working on a job last month and have not been able to cover my payroll i am $90,000.00 out of pocket. Contract is for $371,848.00 and i am already
$155,578.75 in invoices plus $90,000.00 out of pocket all the time i invoice they make lower my invoice amount. I dont cover my labor i am hurti...Read More
Idaho$155,578.75 in invoices plus $90,000.00 out of pocket all the time i invoice they make lower my invoice amount. I dont cover my labor i am hurti...Read More
We are a young contractor and don't know the all the legal ins and outs on what we can charge as a change order specifically when it come to rising material
costs.
Texascosts.
$40,000 dollar concrete job to include a egress window which is now installed and a 1,500 sf basement that I removed 2 layers of concrete and dug an
additional 5" lower per customers likes. I require 1/2 of total job cost up front. He paid me only $8,000 up front and said he was going to pay the f...Read More
Minnesotaadditional 5" lower per customers likes. I require 1/2 of total job cost up front. He paid me only $8,000 up front and said he was going to pay the f...Read More
Crowe Construction needs help in applying and receiving funding from or through the SBA I'm not sure if I am doing this correctly . I need to know the sure
fire way to get the help we need . COVID -19 has been detrimental and really put us down . I know with the help of a loan or grant that we could ...Read More
Arkansasfire way to get the help we need . COVID -19 has been detrimental and really put us down . I know with the help of a loan or grant that we could ...Read More
so we (our company/not people) are buying out a company and we are creating another company but the same people who are selling us the company are
50% owners in the new company. They are under the impression that we (my brother and I) owe them 5 million and not the company. While we s...Read More
Illinois50% owners in the new company. They are under the impression that we (my brother and I) owe them 5 million and not the company. While we s...Read More