DCN ARCHIVES

Weekly Poll for April 17, 2008

FACT: Bird Construction CEO Paul Charette does not support pay-when-paid practices.

Do you believe in the concept of “pay-when-paid”? Why or why not?

Yes   37%
No   63%

Comments

2. April 18, 2008 — The CCDC documents do not include pay when paid clauses because they are unfair to the trade contractor. It allows GC's to shirk their responsibility to collect all monies owing to trade contractors. Respond to this comment

Richard Cullis, President, Dial One Wolfedale Electric

1. April 18, 2008 — General Contractors take on the great responsibility, and risks, of navigating through the increasing complexities of bidding, project financing and contracting in their relationship with a building owner. In the General Contractors role as leader of a construction team, team members rely upon the General Contractor to ensure sufficient financing and payment provisions are in place to support the cash flow needs of it subcontractors and materials suppliers. If a General Contractor cannot ensure continuous and consistent payments to its team members, or cannot insulate its team members from payment interruptions caused by other factors beyond their control, then the General Contractor is not fulfilling its responsibility as the leader of the construction team. The payment of the team members is simply not optional and it is unfair to create cash flow problems for team members that are fully within the ability, and domain, of the General Contractor to control. Respond to this comment

Geoff Kinney, The Concrete Floor Contractors Association of Ontario

ALEX’S BLOG

Reed Construction Data Chief Economist Alex Carrick discusses current developments in Canada's economic environment. He also shares light-hearted reflections on life and current events.

Economics Blog    More 

Lifestyle Blog    More 

PROJECT NEWS BRIEFS

FEATURED CAREER AD

More careers...