What should the GCs PM do if one subcontractor does not send their invoice in on time?

Question:

What should the GC’s PM do if one subcontractor does not send their invoice in on time? How would your answer differ if this were a large or a small subcontractor?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Cost Accounting And Financial Management For Construction Project Managers

ISBN: 9781138550650

1st Edition

Authors: Len Holm

See More Books

Question Posted: Jan 18, 2024 05:01 AM

See More Questions

Quitting Time: When to Exit a Declining Industry 1 We illustrated in the text the strategic issues that arise for a monopolist who is threatened by a potential entrant into the marketand in Chapter...
Youre the customer-service manager of a large auto parts distributor. The general manager of a large auto dealer, one of your best customers, has sent the following letter, and its your job to write...
A very large vat of water has a hole 1.00 cm in diameter located a distance 1.80 m below the water level. (a) How fast does water exit the hole? (b) How would your answer differ if the vat were...
What other cost factors might you include in such an economic analysis? The proposed small office building in Example 3-2 has 24,000 net square feet of area heated by a natural gas furnace. The owner...
If in Prob. 17.34 the angular velocity of the flywheel is to be the same in the position shown and when point B is directly above C, determine the required value of its angular velocity in the...
The beam is made from three boards nailed together as shown. If the moment acting on the cross section is M = 600 N m, determine the resultant force the bending stress produces on the top board. 25...
In 2014, political consulting firm Cambridge Analytica developed an app designed to create digital profiles of individuals via their information. Cambridge Analytica collected the data by inviting...
During requirements modeling for the new system, Susan Park met with fitness center managers at several Personal Trainer locations. She conducted a series of interviews, reviewed company records,...
Use the attached image and SQL DDL Commands to query the appropriate tables and populate with four rows of data. Please include explanation for script. CUSTOMER PK CustomerID CustomerName Address...
What should the GCs PM do if the owner has a problem with one subcontractors proposed invoice during the 25th of the month walkthrough, but that subcontractor is refusing to modify its proposed...
Assume this is a $20 million project and $10 million has been invoiced and received prior to this month. The GC is processing a $2 million invoice for this month. How much will the unconditional lien...
a. On the day the $5 million PCH Lotto Sweepstakes Grand Prize was won, what was its economic value? Use 7% compounded annually for the discount rate. b. How much does the final payment of $4,025,000...
Show that each of the following sets are linearly dependent by finding a nontrivial linear combination that equals the zero vector. (a) (1,0), (2.0), (0.1) (b) (1,2,3), (4,0,-1), (-5, 6, 11). For...
A) What is magnitude______N B) Direction? +x-direction or -x-direction C) Is this force attractive or repulsive? The dipole moment of the water molecule (HO) is 6.17 x 10-30 C. m. Consider a water...
15. Explain the concept of a "minimum wage" and how it can cause unemployment.
1. Explain how the 3 following monetary tools can be used in controlling economic recession: a) Open market operation b) Required reserve ratio c) Discount rate
3. Explain how the following factors will influence the slope of the IS curve? a) Value of MPC b) Value of e (parameter that measures the sensitivity of investment to interest rate).
Name some of the costs and benefits of cost allocation.
Anne is employed by Bradley Contracting Company. Bradley has a $1.3 million contract to build a small group of outbuildings in a national park. Anne alleges that Bradley Contracting has discriminated...
Refer to the data given in Exercise 15-19. Required: 1. Allocate the two support departments' costs to the two operating departments using the reciprocal method. Use (a) linear equations and (b)...
Consider E-books again. The controller of E-books reads a widely used textbook that states that "the reciprocal method is conceptually the most defensible." He seeks your assistance. Required: 1....
Ballantine Corporation has two operating departments: Eastern Department and Western Department. Each of the operating departments uses the services of the company's two support departments:...
Tierra took a $53,000 loan at 3.13% compounded monthly and decided to make end of month payments of $1,659. 1) How many payments will Tierra have to make to amortize this loan? (rounded to the next...
Rotary Tools sells power tools and backs each product it sells with a one-year warranty against defects. Based on previous experience, the company expects warranty costs to be approximately 5% of...

What should the GCs PM do if one subcontractor does not send their invoice in on time?

Question:

Step by Step Answer:

Try as hard as possible to get an ...View the full answer

Cost Accounting And Financial Management For Construction Project Managers

Students also viewed these Business questions