Posts Tagged ‘ paid in full ’

Guess What 91 Percent of Construction Companies Get? Hint—It isn’t On-time Payments.

Jul 8th, 2021

Payment delays may be another byproduct of the pandemic. Only 11% of construction businesses say they always get paid in full, which is a 74% drop from 2020 and down 82% from 2019. Additionally, only 9% of companies say they always get paid on time, a decline of nearly 60% from the previous year. This […]

What to Know About “Paid in Full” Checks

Jul 2nd, 2020

Many jobs were put on hold due to the COVID-19 pandemic and, as the economy opens back up, it’s possible there could be an increase in price disputes. Door and window companies should be aware that cashing a check marked “payment in full” could prevent them from making a claim for a disputed, unpaid balance […]