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Hi! Is anyone else here attending WTBA's Holiday Party this evening? Would love to discuss how we're helping Wisconsin contractors manage & improve daily field operations . Regardless, would be great to meet some more CFMA folks in Madison! ------------------------------ ...
Jeff, the Pay-When-Paid clause is pretty typical in subcontracts, but it does impose a significant cash flow problem for many specialty trade partners. And Kayla is absolutely right, the smaller contractors take the biggest hit. CFMA's Benchmarker ...
Pay when paid is not enforceable in our state. As a sub we will redline this in the contract from the GC. If it is an issue, we will file a lien before our lien rights expire. ------------------------------ Ruthanne Rambeau Regional Business Manager ...
We typically will lien our work after non-payment after 90 days. In NY Pay-when-Paid doesn't work well because the NY law states the sub can't take on the credit worthiness of the customer thru the GC. But folks still try to put it in the agreements ...
Picking up this conversation from a couple of years ago, as we are now considering PLI coverage. I didn't see any responses to Deanna's querry. Anyone in CFMAland using PLI? Pros? Cons (besides additional cost?) Thanks, ------------------------------ ...
The upcoming holidays remind us that it’s a time of ...
Looking to make sense of today’s construction technology ...