Why do big contractors bring in closeout teams, and how does it impact subcontractors?

4 Jan 2026 · 1 min
0:58

Main contractors hire closeout teams in the final quarter to recoup costs by scrutinizing subcontractor contracts and withholding or clawing back payments using delay and change clauses. One client lost funds this way. Subcontractors need meticulous paperwork from day one to protect themselves.

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