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Contracting Considerations, Part 5

Don't lose a good contractor over payment delays.

Suppose a given contractor is responsive to your needs, does good work, completes the work on time, has solid safety practices, and never leaves a mess. Additionally, the personnel sent to your site are professional and courteous. You probably want to keep that contractor, right?

But your company is chronically late in paying that contractor. The resulting cash flow problems cause the contractor to reduce its exposure to your company. They are slower to return your calls and they&rsqu

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