Contractor Collection Policy: Procedure & Forms
Are you a contractor having trouble getting paid? If so, a good collections policy can help. Our Collection Policy: Procedure & Forms ("Policy") template is an excellent starting point for developing a contractor collection policy. The installation of cleantech products usually involves multiple rounds invoices and state-specific lien filing deadlines. Our Policy provides a process for contractors to follow when tracking the collections process, including how to elevate non-payment issues when the need arises. This Policy covers, among other things, suggestions on how to define employee responsibilities, procedures for customer collections, sample 60 day and 85 day customer demand letter templates, instructions for filing mechanic's liens, mechanic's lien filing deadlines and information for CA, NY, NJ, CT, CO, HI and PA, and waiver and release form templates.