Illinois Construction Law-Payment

gw_adminConstruction Law, Justice In Geneva

Construction subcontractors throughout Illinois face many obstacles to success. One such obstacle these business owners encounter is payment disputes. While some payment disputes are legitimate; property owners, developers and general contractors often withhold payment of several thousands of dollars to subcontractors because of a dispute over a $200 change order or some other, seemingly insignificant reason. Missing a monthly draw payment or waiting on a retainage payment for months on end can be devastating to a subcontractor that is already financing the cost of materials as well as its payroll. Thus, it should come as no surprise that these payment failures can be used to pressure subcontractors into onerous contract changes and, in some instances, drive them out of business … Read More