Friday, January 4, 2013

Need Help Getting Paid Under Your Construction Contract?

Prime contractors and general contractors don't get paid by owners.  Subcontractors don't get paid by general contractors.   Subcontractors don't pay their suppliers and materialmen.  Nonpayment is a simply a part of doing business in the New York construction industry.  You know what they say: If you can't stand the heat, get out of the kitchen.  But you can minimize your pain and limit the risk of non-payment under your New York construction contract.  The key is to make sure you know how to secure payment and when you have to take the proper steps.  The guide below will help you minimize your risk of non-payment and secure your claim in the event you have a chase a payment.

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