Safeguarding Your Cash Flow: How your construction contract can put you at risk

Construction and Real Estate

January 02, 2012
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Construction contracts for capital projects are exceptionally complicated. Most new building, renovation or expansion projects have many “moving” parts with numerous change orders along the way. Such intricacy can lead to billing errors, overpayments, and even hidden savings. Using construction compliance services can help an organization better manage capital projects, avoid unnecessary costs, and safeguard its all-important cash flow. This paper outlines some of the most common contract oversights, risks and consequences that can seriously jeopardize a company’s cash flow.

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Length: 3 pages (PDF 1689 kB)

 

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