There are contractors who say they love the construction business so much that they would not do anything else for a living. But it’s impossible to live on a business that doesn’t make money. Sometimes in construction, jobs get mired in delays, cost overruns, unexpected changes, late payments and even nonpayment, leaving contractors to salvage what they can.
However, one place where general contractors and subcontractors alike can help to prevent the bleeding of cash during the course of a project is in their contracts.