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Tag: subcontractor tips

Calculating Retainage on AIA G702: A Contractor’s Guide

Calculating Retainage on AIA G702: A Contractor's Guide

Last Tuesday, a subcontractor named Mike discovered his entire monthly payment was delayed because the cumulative retainage on line 5 didn’t match…

Dedicated Pay Application Software: Streamlining Construction Billing in 2026

Dedicated Pay Application Software: Streamlining Construction Billing in 2026

Did you know that 82% of contractors now wait more than 30 days past their expected payment date? It’s a staggering increase from just two years ago,…

Common AIA Billing Mistakes: How to Avoid Rejections and Protect Your Cash Flow

Common AIA Billing Mistakes: How to Avoid Rejections and Protect Your Cash Flow

Did you know that manual spreadsheets cause over $14,000 in annual billing errors for the average commercial contractor? It’s a staggering figure…

Construction Billing Compliance Checklist: Essential Steps for 2026

Construction Billing Compliance Checklist: Essential Steps for 2026

What if a single decimal point error was the only thing standing between your firm and its next six-figure draw? For many subcontractors, this isn’t…

Avoiding Construction Payment Disputes: The Documentation-First Strategy for 2026

Avoiding Construction Payment Disputes: The Documentation-First Strategy for 2026

Did you know that starting January 1, 2026, unpaid and undisputed construction claims in California can accrue interest at a rate of 2% per month?…

Why Are My Pay Applications Being Rejected? 7 Common Construction Billing Errors

Why Are My Pay Applications Being Rejected? 7 Common Construction Billing Errors

Subcontractors in the construction industry are currently waiting an average of 96 days to see their invoices paid. This staggering delay often stems…

Construction Change Order Software: Streamlining Billing & Cash Flow in 2026

Construction Change Order Software: Streamlining Billing & Cash Flow in 2026

Did you know that 61% of general contractors report their current technology requires too much manual data entry to actually save time? With material…

Documenting Change Orders for Faster Payment: A Contractor’s Guide to 2026

Documenting Change Orders for Faster Payment: A Contractor’s Guide to 2026

Did you know that design changes now drive 56.5% of construction cost overruns, while industry project margins have tightened to just 3.1% in 2026?…

Mastering the Construction Change Order Approval Process: A Financial Guide

Mastering the Construction Change Order Approval Process: A Financial Guide

Eighty-five percent of construction projects suffer from cost overruns, and a disorganized construction change order approval process is usually the…

How to Manage and Track Construction Change Orders in 2026

How to Manage and Track Construction Change Orders in 2026

With average project margins dropping to a lean 3.1% in 2026, you cannot afford to leave 15% of your contract value sitting in a stack of unapproved…

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PAYearned is an independent software product and is not developed, endorsed, approved, sponsored or affiliated with the American Institute of Architects (AIA). AIA®, G702®, G703® are registered trademarks of The American Institute of Architects. All references to AIA documents or trademarks are used solely for comparison purposes only.

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