VIDEO: Avoiding Delayed Payments After Roof Installation
RC Legal Insights expert Trent Cotney identifies hiccups in the roof installation process that often lead to delayed payments, and what roofing contractors can do to avoid them.
Payment delays are common in the construction trades for various reasons, and roofing contractors are no exception. There are, however, some steps they can take during the roof installation process to prevent that scenario from playing out on a job, said RC Legal Insights expert Trent Cotney.
In one “classic” scenario, a leak that occurs during a project could generate an insurance claim, which a facility owner or general contractor may use to postpone payment, said Cotney, partner with Adams & Reese.