Contractor Payment During Construction

Until you understand terms like “retainage”, “change orders” and “lien waivers”, you have no basis for paying your contractor without really understanding the process and concepts.

It’s unlike payment for most goods or most services and has many elements that one should understand.  Some aspects are self-preservation, but others are important for the contractor.  Because you want to strike the right balance in keeping the contractor incentivized and content,  so that the work gets done well and quickly, yet you are reasonably protected from over-payment.

So please Watch this….and give me a call about your situation-Steve 914 980 5532

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