AIA G702 and G703 Forms: Purpose, Challenges, and Fixes
AIA G702 and G703 are the standard construction-industry forms for requesting and certifying payment on a project: the…
When Job Cost Reports Don't Match the Bank Balance
Mike's projects looked profitable on every estimate. His bank balance told a different story. The gap came from…
Retainage in Construction: How It Works
Retainage is the slice of every payment a client holds back, usually 5–10%, until the work is done…
Tracking Supplier Refunds and Store Credits
Contractors buy materials in bulk and in advance, and not all of it gets used. Returning the surplus…
Recording a Subcontractor Invoice as a Change Order
On a construction project, the scope of work rarely survives contact with the site. When conditions change, subcontractors…
Reimbursing an Employee and Deducting from a Subcontract
Your superintendent pays out of pocket for materials a subcontractor needed on short notice. Now you owe your…