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What contractors can do to find out an owner's ability to pay
9/25/2019

Many construction contracts allow contractors and subcontractors to ask for "reasonable evidence" of financing, according to the American Institute of Architects' A201-2017 General Conditions of the Contract for Construction. A contractor with a "reasonable concern" can also request for verification of an owner's ability to pay if there is a significant change to the contractor's scope of work.

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