CCA 50 (2003)

Prime Contractor's Guide to Project Financing and Payment Security

Detailed guidance to prime contractors on understanding their client's financial strength and how they are financing your project. This guide shows how a prime contractor can minimize the risk of non-payment prior to bidding on a project, prior to signing a contract, and during the administration of a contract. A financing risk management checklist is also provided to list questions that a prime contractor should ask during the bidding and contracting stages, and types of security available to minimize the risk of non-payment.