Question: The general contractor is complaining about a pattern of delay in your progress payments (you are the owner). You do not take his complaint seriously.
The general contractor is complaining about a pattern of delay in your progress payments (you are the owner). You do not take his complaint seriously. You believe a few days of delay in payment should not matter with such a large construction company. Suddenly, you received a memo from the contractor informing you that there will be interest charges and penalties with any further delay in payments. Furthermore, there will be severe actions for extended delay, as per the contract. Do you think the contractor is right about this issue? What should you do?
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