Subcontractor Pay Application Review: Your 5-Point Checklist
Before you approve a sub's G702/G703, run it through this five-point checklist covering SOV alignment, field progress, stored materials, ret...
How to Price a Change Order: Labor, Material, Equipment, and Markup
A repeatable 8-step formula for pricing change orders: loaded labor rates, material quotes, equipment costs, sub markups, and overhead plus...
Conditional vs. Unconditional Lien Waivers: A GC's Practical Guide with Examples
Conditional and unconditional lien waivers are not interchangeable. Use the wrong type at the wrong time and you lose legal protection. Here...
Float Analysis: How Long Your Money Is Actually Gone on Every Pay App
Float is the hidden cash drag between your G702 submission and the day you fund your subs. Here is how to measure it, price it, and shrink i...
Labor Burden Calculation: What Belongs in Job Cost Beyond Wages
Base wages are only part of what field labor costs. Learn how to calculate full labor burden and why it must hit your job cost records on ev...
Stored Materials on the G703: How to Bill Them Without Getting Rejected
Column F on the G703 covers stored materials, but thin documentation gets pay apps rejected fast. Here's exactly what to include and how to...