VIEWS: 4 PAGES: 4 CATEGORY: Engineering & Energy POSTED ON: 5/22/2010
We change a lot of our contracts, because 90 percent of the contracts we get today say 'paid when get paid/ and we don't like that clause because that means if the owner doesn't pay them, they don't pay us," [Ira Goldberg] says. "We also change the retainage clause, usually to 30 days after the completion of our work, not the whole project. A lot of GCs don't want you to change anything, but we won't take the job if they don't let us.
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