Preventing Payment Disputes With Clear Invoice Tracking
On a large commercial renovation, Skyline Construction was juggling contract invoices, reimbursement invoices, and direct payments to vendors…
A $500,000 Progress Invoice With Errors, and What It Cost
I submitted a $500,000 progress invoice after a big milestone, framing and initial electrical, and it went out…
Tracking Unbilled Change Orders: A Case Study
Change orders are unavoidable on a construction project. Tracking them is where the money leaks out. When a…
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…
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…