How To Check The Financial Safety Of Your Concrete Contractor
Check into the contractor’s financial records to ensure a good track record. Trade and bank partners will have a good idea of whether the company has been paying its bills. Some contractors may cause suppliers to place liens on your home and demand payment from you even though you paid the contractor.
To avoid this situation before you sign the contract:
-
Check your contractor’s credit and look for any claims filed against him.
-
Include a provision for lien waivers in your contract.
Next Concreting Tip in Series: Preparation required before starting your new concrete job