NECA 2017 Seattle

Addressing Unfair Payment Practices (Room 613)

Electrical contractors are expected to manage many forms of risk; some of which is inherent to the trade. Other forms of risk, such as payment practices that result in carrying the cost of capital for 30-60-90 days, have a significant impact on your ability to remain financially solid and/or acquire new work. This ELECTRI research project identifies strategies that address unfair payment practices and protect the interests of electrical contractors.