A Proactive Approach to Getting Paid Promptly

Sometimes it seems as though the odds of getting paid promptly for work completed are about the same as winning the lottery! You’ve submitted your billing to the General Contractor (GC) for review. Will it need to be revised (again) or worse yet, be rejected entirely from the GC’s monthly payment application to the Owner? Why is it so hard to just get paid? There could be any number of reasons for delayed payment. Check out our recommended tips, or read below for quick suggestions from the Bridgefield team that will keep the payment schedule more timely on your projects.

It’s all in the Details

• Work Completed – Bill fairly for work completed.

• Change Orders – Only bill for approved change orders.

• Stored Materials – Is your paperwork in order?

• Lien Waivers – Submit completed and signed conditional/unconditional lien waivers with every billing.

• Certified Payroll reports – For public works projects, submit completed and signed copies with every billing. See www.dol.gov/whd/forms/wh347.pdf

• Accurate Billing – Double check that the numbers add up correctly.

Often these contractual requirements are a necessary part of the due diligence that contractors and owners must perform in order to obtain project funding, so it’s important that they are submitted correctly. As owner advocates, the Bridgefield team promotes exceptional stewardship practices for construction projects through interface support for subcontractors.