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Prompt Payment Questions
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Prompt Payment
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We have a contract with someone as their GC. They are not holding retainage on us for this project. Am I able to still hold a retainage of 10% on the
subcontractors that we have on the job?
Ohiosubcontractors that we have on the job?
Construction project in iowa county library. Have not been paid for completion What do I do. The job was completed in March. Do I send a demand or a
payment letter since it is a public job? No lien can be filed for public jobs
Iowapayment letter since it is a public job? No lien can be filed for public jobs
I would for a small, family-owned stone installation company. I wanted to make up a customer agreement form that lays out the services, payment
stipulations, etc. One of the things I wanted to add was a late fee that would be added to the net invoice. But, I don't know what percentage I can...Read More
Mainestipulations, etc. One of the things I wanted to add was a late fee that would be added to the net invoice. But, I don't know what percentage I can...Read More
I am seeking solid terminology on when a retainage payment must be paid out. I have seen contradicting language and just looking for clarification. I have
seen language stating "substantial completion of the project" and I have also seen language more specific to the specific work a subcontractor h...Read More
Tennesseeseen language stating "substantial completion of the project" and I have also seen language more specific to the specific work a subcontractor h...Read More
If I am self financing a vacation home is it common to have the construction funds deposited with a trustee and distributed by the trustee as invoices and
work is approved by the homeowner?
Kentuckywork is approved by the homeowner?
Hired directly . second half of payment is late. what can I do?
CaliforniaIs it legal in San Antonio(Tx), for a Builder LLC to request a customer for payments for the construction of a Residential unit in this manner? E.g.: The project
due date is 5 months from signing of contract. Downpayment 50% in advance Month 1 10% Month 2 10% Month 3 10% Month 4 10% Month 5 1...Read More
Texasdue date is 5 months from signing of contract. Downpayment 50% in advance Month 1 10% Month 2 10% Month 3 10% Month 4 10% Month 5 1...Read More
One of our vendors wrote to the Prime on a gov't construction project that our invoice was behind. They have not filed a lien - just an email. A partial
payment has been made, which they have acknowledged to the Prime. The Prime is holding Pay Apps from Dec & Jan because of this and now w...Read More
Floridapayment has been made, which they have acknowledged to the Prime. The Prime is holding Pay Apps from Dec & Jan because of this and now w...Read More
I have a pay app that was due in June 20 for May work. The GC has been paid for May's work, but said he will not pay us until the end of July. The Texas
Prompt Pay Act states that a GC has 10days to pay subs after he has received payment. What can I do to get payment since he is not following t...Read More
TexasPrompt Pay Act states that a GC has 10days to pay subs after he has received payment. What can I do to get payment since he is not following t...Read More
I need help in determining what kind of project I have. It is a multifamily project in Indiana. It is owned by a private company, not by any government agency.
I believe it is a private project which if we wanted to file a lien we would have to send a notice after the 1st delivery of the project. Public project ...Read More
TexasI believe it is a private project which if we wanted to file a lien we would have to send a notice after the 1st delivery of the project. Public project ...Read More
WE ARE A SPECIALTY CONTRACTOR, AND DID WORK FOR TRU SEAL ASPHALT LLC IN MAY OF 2017. THEY FOUND "FAULT" WITH OUR WORK - TOO MUCH AC
IN ONE AREA OF THE PARKING LOT THAT HAD PAVEMENT OVERLAY FABRIC APPLIED, AND THE AC BLED THOUGH THE PAVEMENT. THEY SAID THE...Read More
OhioIN ONE AREA OF THE PARKING LOT THAT HAD PAVEMENT OVERLAY FABRIC APPLIED, AND THE AC BLED THOUGH THE PAVEMENT. THEY SAID THE...Read More
a general contractor on a private project owes our company $60,000 from may 2022. They are in a lawsuit with the owner. We filed a lein, what else can we
do to get payment?
Nevadado to get payment?
I am the owner of a SMB mechanical contracting company here in Colorado. We are working for a Denver contractor and struggling to get paid. We now
have $1.5M still outstanding for January, and another $1.3M just at 30 days. I need to understand if a prompt payment demand letter from my l...Read More
Coloradohave $1.5M still outstanding for January, and another $1.3M just at 30 days. I need to understand if a prompt payment demand letter from my l...Read More
I am a sub contractor working on a new hanger at a municipal airport in mesquite Texas. The contractor has paid me once since I started work for Oct 2022. I
am contracted for earthwork, utilities and concrete. I have not been paid for Nov ($35,000) and December ($123,000). GC states they have not b...Read More
Texasam contracted for earthwork, utilities and concrete. I have not been paid for Nov ($35,000) and December ($123,000). GC states they have not b...Read More
If a subcontractor asks the prime contractor for proof that the owner has the funds available for the project, the owner must provide that information?
Texas