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Story Index
A letter from the president
The American Subcontractors Association of Greater Milwaukee is pleased to again take part in this special section of The Daily Reporter. Chartered in 1986, our Greater Milwaukee Chapter represents more than 100 subcontractors, suppliers and service providers. We are one of more than 50 ASA chapters nationwide, and our mission is to promote professionalism, education and fair business practices within the construction industry.
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Being familiar with the owner's financing of a construction project is a good idea on any job, but especially when the proposed contract includes a contingent-payment clause.
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This proverb from three centuries ago, in a whimsical way, makes a simple point: He who has the gold makes the rules.
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The origin of retainage was a burgeoning railroad industry in 1840s Britain that was growing so quickly that too many construction firms started up for the amount of work that was available.
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Cash flow. No two words are more important to subcontractors.
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Another delay. At the owner's direction, the general contractor held up your crew for a whole day because the owner changed its mind at the last minute about where to house some telecommunications hardware.
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These days, having worked as a subcontractor/supplier for a well-known general contractor or owner for many years may not be adequate prequalification .
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Few contractors can say they have never made a mistake in bidding. So the question remains: What are a bidder's legal and practical remedies in the event it does make an error?
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