Getting Paid for Your Work

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Authors: Thomas C. Schleifer
Cited by: 0

Abstract

In construction, finishing the job is only half the challenge. Making sure you get paid for your work is the other half. Too often, contractors face delayed payments, redlined invoices, or approval processes that leave them powerless. This chapter explains how traditional contracts give designers control over payments even though they carry no financial responsibility. This imbalance puts contractors at risk. Through case studies and real experiences, the author shows how slow pay, retainage, and weak enforcement of payment clauses create serious cash flow problems that can sink even good companies. Contractors must read and understand their contracts to be able to assert their rights from the first invoice forward and set appropriate expectations for timely payment. Being professional means standing firm on what is owed. By refusing to accept late or reduced payments as “normal”, contractors can protect their cash flow and strengthen their business.

Fields of Study & Subjects

Construction Project Management and Performance Working Capital and Financial Performance Law Economics and Judicial Systems

Publication details

Journal / source
Routledge eBooks
Pages
46–54
Publication date
6 March 2026
Language
EN
Document type
Book chapter