Specialized recovery for contractors, subcontractors, and suppliers dealing with unpaid construction invoices, retainage disputes, and mechanic's lien situations.
Dubai, a new hotel opens with fireworks. The glass facade came from Aberdeen. The retainage never left the main contractor.
Fergus MacLeod of MacLeod Facades is owed £310,000 in retainage by Viktor Hale of Apex Build Contracting. Day 60: 'pending final inspection'. Day 90: the inspection passed, retainage still withheld. Day 120: his boss asks about the Dubai money.
The excuse: a defect, because the glass is too transparent. Transparency was in the specification. Hamish, the site foreman, offers to take the glass back panel by panel. It is forty floors.
Fergus calls Layla Hassan, a local collector in Dubai. Layla pulls the completion certificate that triggers release, confirms the developer had already paid the contractor in full for the facade package, and closes the snag list.
Day 26: retainage released. Then Viktor offered the next tower, with retainage capped. Lesson: once completion is certified and the contractor has been paid upstream, retainage is due.
A Collecty film. © Collecty, www.cllcty.com. Reproduction without permission is not allowed. All characters and companies are fictional. General information, not legal advice.
GC hasn't paid subcontractor 90 days after completion
Retainage withheld despite final inspection approval
Developer claims defective work to avoid payment
Material supplier owed for delivered goods
Change orders disputed after work completion
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Our specialists contact the debtor using industry-specific knowledge and local expertise for international cases.
We negotiate payment terms, arrange settlements, and ensure funds are recovered while protecting business relationships.
Construction companies lose $280 billion annually to slow and non-payment. 82% of contractors routinely wait more than 30 days past terms. Here's how to convert completed work into completed payment.
U.S. construction loses $280B annually to slow payments. 82% of contractors wait 30+ days. UK sees 3,912 insolvencies. The data, explained.
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