Scribd
Upload
54 views1 page

Construction Payment Timeline

This document outlines a payment schedule for construction projects, showing timelines for payments flowing from the owner to the general contractor to subcontractors. The general contractor has 7 days to pay subcontractors after receiving payment from the owner, and subcontractors have 21 days to notify the owner if not paid by the general contractor. If payments are delayed, the general contractor and subcontractors can suspend work or seek adjudication after specified notice periods.

Uploaded by

Bahkir
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
54 views1 page

Construction Payment Timeline

This document outlines a payment schedule for construction projects, showing timelines for payments flowing from the owner to the general contractor to subcontractors. The general contractor has 7 days to pay subcontractors after receiving payment from the owner, and subcontractors have 21 days to notify the owner if not paid by the general contractor. If payments are delayed, the general contractor and subcontractors can suspend work or seek adjudication after specified notice periods.

Uploaded by

Bahkir
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

PROMPT PAYMENT-PAYMENT CLOCK

0 14 21 28 35 42 56 91 95

7 Days 7 Days

Determination Suspension of work


GC Submits Owner pays GC GC Pays Sub
payment of amt
“Proper invoice” OR OR due, demob, remob
39 days – Subject 10 Days
& interest
to extensions
Owner gives Payment Due
GC notice of
Non-payment

39 days – Subject
to extensions 10 Days

GC gives sub GC gives Owner Payment Due


21 Days Determination
notice of a notice of
Non-payment adjudication

Partial or non- 7 Days GC gives Sub 21 days GC gives Owner


payment by notice of a notice of
Owner nonpayment adjudication

You might also like