Contractors May Need to Formally “Invoice” All Costs to Protect Interest Rates
In any construction project, when changes, modifications, alterations, or deviations are ordered, the risk for delays and extra costs is high. Contractors obligated to implement and supply those changes are vulnerable, incurring costs that may not be paid timely or even paid at all. As a result, contractors often include “extra cost” and “interest rate”… Read More
