Billing and cash
Collecting past-due invoices before winter
Collect past-due invoices before winter: sort them by age and reason, fix what's on your side, call with a plan, hold new work, and know your lien deadlines.
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Billing and cash.
The invoice out the day the punch list closes, pay apps and retainage on GC work, T&M without the argument, and past-due money in before winter.
Billing and cash
Closing out a paving job: punch list, final invoice, retainage
Closing out a paving job is the work between the crew's last day and the last dollar: punch list, final invoice, waivers, retainage and a look at the numbers.
Billing and cash
Time and materials work without the argument
Time and materials work stays out of arguments when rates, a not-to-exceed cap, a signed daily ticket and a weekly bill are agreed before the crew starts.
Billing and cash
Invoice the day the punch list closes
Send the final invoice the day the punch list closes: build it before the last item is fixed, attach what the customer signed, and put a date on the money.
Billing and cash
Working for a GC: pay apps, retainage and lien waivers
Working for a GC, you get paid through pay apps with retainage held and lien waivers attached. How the monthly cycle runs and what gets a pay app sent back.
Billing and cash
Retainage and progress billing for paving jobs
On commercial and public paving work you bill as you go, and the owner holds back a percentage until the end. How progress billing and retainage really work.
Try it on one of your own jobs.
Draw a lot you priced last month, price it with your own numbers, and see what it would have made. Free for 14 days, no credit card.