Quote:
Originally Posted by gr8fl4porsche
Tell your contractor buddy not to spend the money just yet. Let's see if there are any cancellations first.
I am a contractor and just had a $500,000 contract put on 'hold'. That is not good. The company is called General Growth and they don't feel like growing.
They put the project on hold less than a week before I was scheduled to start. I had been preparing for this project for months. I had a dozen men ready to start. Now most are sitting at home drinking.
Invest in budweiser.
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Forget that. Once they signed, don't you have something in your contract that protect you from them getting out of it just because they have cold feet? After all, you did spend lots of time and maybe order materials and hire additional workmen for the job. They should pay for that. I give them 5 days after they sign and they have to give it to me in writting if they cancel. They are to pick up the tab on materials ordered and workmen's pay if there are any. Delay sucks. They should pay for the materials if there are any.
Thankfully we have work for the rest of the year. I talk to my vendors, they are all feeling the pinch a little. According one, we are back to normal, instead of the non stop crazy ordering that was going on last year.