Cian BrennanFounder, Quantum Contract Solutions · Founder

How to get paid quicker on construction projects

Name: How to get paid quicker on construction projects
Uploaded: 2022-10-28T04:00:21+00:00
Duration: 40 s
Channel: Cian Brennan
Description: In this concise instructional video, the speaker explains that contractors who want to receive payment faster should adopt a "squeaky wheel" strategy. By…

28 Oct 2022 · 1 min

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In this concise instructional video, the speaker explains that contractors who want to receive payment faster should adopt a "squeaky wheel" strategy. By consistently submitting complete paperwork, staying actively engaged, and applying pressure on the client, a contractor becomes the most visible and organized option for the client’s payment decisions. The speaker emphasizes that the contractor who shouts the loudest—through thorough documentation and persistent follow‑up—will be prioritized for payment, urging viewers not to stay quiet if they want quicker, more reliable payments.

Chapters

Here's what you need to do if you want to get paid first on a construction project. So if you ever heard the term, "The squeaky wheel gets the oil," well, it does work. If your client is looking at all the different contractors on the job who they need to pay, they're going to pay the person that essentially shouts the loudest, the person that has submitted the most paperwork, the one person that is applying the most pressure. If someone in their company comes in and goes, "Well, who do we pay first in this scenario?" They go, "Well, this company here has all of the paperwork in a row." Therefore, I think we should pay these guys first. So squeaky wheel gets the oil. In construction language, that means the person who submits the most paperwork and chases them the most is going to get paid. So make sure you do. Don't go quiet and you'll get paid a lot quicker and more often.