If you don’t “buy out” your project quickly you take the risk that when the owner delays us we cannot get the increased pricing for any materials that we deserve.

You must review your project and bill all line items possible even if your sub doesn’t bill you. He may have a cash problem later and we will have to help financially to keep the project from slowing down. If the sub ends up not having any cash problems we at least created some additional cash flow.

When writing to an owner about a claim you think you have, remember you must put in the correspondence “clearly” and state this is a “Notice of Claim.” Without this verbiage you may lose your rights for the claim!

If you feel you are overlooked you must inform in writing. No For svenskar kan Blackjack online via videolank te sig lite tontigt. excuse for making mistakes when you are confronted.

If you have a trade contractor who is asking to be paid pre-owner payment, please take caution. Besides, lien releases getting signed you must also obtain letters from suppliers, union BA etc. that they are paid in full. Getting the lien releases mobile gambling only protect us legally. You will still have legal expenses dealing with liens etc. and on some bonded projects we may have to pay twice, even though the sub signed the releases and created fraud, it does not help the loss of our cash.

On larger jobs and/or bonded jobs, we need to have partial lien releases signed for material and subcontractor’s servicing our trade contractor. You must get the information required on the first payment application so we can track the releases.

If you have a trade contractor who is asking to be paid pre-owner payment, please take caution. Besides, lien releases getting signed you must also obtain letters from suppliers, union BA etc. that they are paid in full. Getting the lien releases only protect us legally. You will still have legal expenses dealing with liens etc. and on some bonded projects we may have to pay twice, even though the sub signed creating fraud, it does not help the loss of our cash.

When working in N.Y.C they have what is called TR’S or Technical Reports. These are testing reports from TR1 to TR7. You must get them from the owner/ expeditor that were filed with the building permit. Without these inspections, you can not get your certificate of occupancy. Most of the time, the owner pays for the TR’S and may even schedule the inspections. Make sure it is followed and completed by someone.

Be careful as a General Contractor or Construction Manager if you give ‘oral’ direction with no written direction as per the contract. If you pay them on a verbal direction you have set a precedent and the contract requirements have been violated and you will have a mess.

Being a leader means you make things happen!

Please spend your energy on the positive and helping things succeed rather than so much time trying to figure why it will fail!

When a sub files a lien it costs about 2 % of the lien amount for the Bond Company plus legal fees. So do your best to avert a lien if possible.

Bonds-

Always remember if you have a bonded subcontractor, you must become familiar with the bonding companies terms and conditions for that particular bond. The notification process you must follow for the bond to be valid will be outlined on the back. Even if your trade contractor is in default you must follow the outlined procedures or else the bond is null and void and we cannot collect.