Payment provisions sit at the heart of every construction contract. The Housing Grants, Construction and Regeneration Act ...
Fix It Homestead on MSN
The contractor payment trend that’s getting homeowners burned and how to protect yourself
Homeowners are increasingly being pushed into contractor payment schedules that front-load cash long before meaningful work ...
Fix It Homestead on MSN
The contractor line item you want in writing before you pay the final bill
You spend months living with dust, noise, and strangers in your house, then one day the contractor slides over a final ...
Prompt payment statutes are laws enacted at the federal and state levels that set specific deadlines for payment and limit the amount of retention that can be withheld on construction projects. These ...
Late payments and slow cash flow have plagued the construction industry for so long that most of us think of it as the norm. And it’s only getting worse - according to one recent report, 82% of ...
Learn the differences between the percentage of completion and completed contract methods. Discover how each impacts revenue ...
Adjudication is designed to keep projects moving, but poor drafting can hand control to the Scheme and introduce unnecessary risk. Building robust contract provisions from the outset is the simplest ...
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