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contractor payment articles

7 articles

Cost Plus Contract in Construction: How You Get Paid and Where the Risk Sits
Saurav Agarwal
Compliance & Regulation

Cost Plus Contract in Construction: How You Get Paid and Where the Risk Sits

A cost plus contract pays the actual cost of the work plus a fee. What counts as cost,…

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No claim certificate being reviewed during construction project closeout
Saurav Agarwal
Business & Growth

No Claim Certificate: Signing Off a Job Without Signing Away Your Money

The certificate demanded before your final bill is released can close off every pending claim you still have.…

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Measurement book with construction work quantities being recorded
Saurav Agarwal
Business & Growth

Measurement Book in Construction: How Your Work Gets Measured

The measurement book is the record your running bill is built from. What it holds, who signs it,…

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Retention money held in a construction contract and steps for contractors to recover it after completing work
Saurav Agarwal
Finance & Money

Retention Money in Construction Contracts: Getting It Back

A slice of every bill you raise is held back and released long after the work is done.…

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Bill discounting for contractors to receive cash before customer payment is received
Saurav Agarwal
Finance & Money

Bill Discounting for Contractors: Cash Before They Pay

Your machine bill is accepted and sitting for ninety days. Bill discounting on a TReDS platform turns that…

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Contractor discussing unpaid construction equipment work payment at a construction site
Saurav Agarwal
Business & Growth

When a Contractor Will Not Pay: How to Recover Your Money

Your machine did the work and the contractor has stopped taking calls. Even with no written agreement, the…

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Contractor reviewing a pending payment document at a construction site with excavators in the background.
Saurav Agarwal
Running the Machine as a Business

Contractor Payment Delay on Government and EPC Machine Work

Government and EPC work pays late. Here is how running bills and retention actually move, and the law…

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BOT Contract in Construction: How Build, Operate, Transfer Works in India

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Cost Plus Contract in Construction: How You Get Paid and Where the Risk Sits

Cost Plus Contract in Construction: How You Get Paid and Where the Risk Sits

Used JCB Spare Parts: What Is Worth Buying Second-Hand and What Never Is

Used JCB Spare Parts: What Is Worth Buying Second-Hand and What Never Is

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