Is the general contractor’s payment method acceptable? Retention funds may be illegal.
Hello, everyone. This is Enta. Are your prime contractors paying you on time? I think most prime contractors are paying on time. However, unfortunately, there are still a certain number of prime contractors who are slow to pay. Under the “Act on the Fairness of Transactions with Small and Medium-Sized Contractors,” which goes into effect in January 2026, unilateral…
The more retained earnings a company has, the more financial flexibility it has to meet payments to its prime contractor!
Hello, everyone. This is Enta. Man, I’ve been super bored up until this week, but things are finally starting to pick up next week. It’s about time. This year really is unusual, isn’t it? If things keep going like this, companies are really going to start going out of business one after another! We need to find a way to use web systems effectively to avoid this kind of situation…