I have a contract with a general contractor to due some tenant improvements. The GC is using subcontractors. I have asked for a copy off all conditional lien releases (from the subs) and proof of payment to the subs, before I pay my invoice to the GC. I feel that this is the correct process and best prot...Read More...Read More
What do we do if a contractor doesn’t turn in his final draw request even after asking repeatedly for it? Can we “close out” the project without a final draw if the property owner says the project is done 100% and you have inspected to confirm it is close to being done but we haven’t disbursed all the fu...Read More...Read More
I am a small company 3 employees, we built a house for a customer and it took us about 2 years do to unforeseen company problems. But now that we are finished we sent the final invoices to the customer and yes it is over budget mostly due to the customer selections. He will not respond to any att...Read More...Read More
When putting in AIA payment applications into our accounting software, we enter the date we are submitting the AIA Draw to the GC and also by default our system makes the due date 30 days from invoice date. Example: GC ABC Construction’s contract with us requires us to submit payment app...Read More...Read More
My company bills out for our wages and 401k benefits but they don’t match us on our 401k do they owe us monies that they have been charging ...Read More
Can a Contractor withhold payment for not having a signed contract from a subcontractor? Example: If a sub ordered materials for a project getting ready to begin and bills the Contractor for them, can the Contractor withhold payment if they have yet to receive their contract back signed?...Read More
Hello! Just received this from a GC I was reluctantly obliged to work through at the beginning of the year. I have never been paid by a GC before. I don't know what they want... All previous invoices to them for this project have been simply my invoice, which got paid. What is the retainage? Who does thi...Read More...Read More
I was on seminar and we actually have a high rise condo in Chicago combining two units that we have our contract like 45% completed and due to the states shut down the buildings management and association will not allow us back. We have 3-4 days work to collect large payout and due to not workin...Read More...Read More
I am interested in bidding for a public works project, this would be my first project and I am not sure how to proceed. I have questions about CA's prevailing wage requirements and how to become a public works contractor. ...Read More
When working on a large commercial projects, subs will submit pay applications to their general contractors. The general contractor then checks the subs work before submitting pay app to the owner. How many hours does a general contractor typically spend reviewing and approving the subs' pay...Read More...Read More
I am a home owner. I did a >$200k renovation on my home. I had a contractor. The work finished in August 2019. We paid all our bills to contractor immediately when we received them. The subcontracted HVAC company sent my contractor an invoice for their work LAST WEEK. Our contract...Read More...Read More