It’s weird, for some reason contractors like to be paid in a timely manner.
yeah, I know. Bizarre.
OTOH, the attorney for Trump has a point. If you have hundreds of contractors, some of them may fall through the cracks.
Trump would not be the real estate titan he is if he was a constant and major deal breaker. He clearly isn’t, as people come back to do business with him time after time.
Contrast, on the other hand, OBAMACARE or the VA or the CLINTON FOUNDATION: a consistent and constant record of failure to provide what is promised.
I think the difference is huge.
Trump has hundreds of contractors for Doral, and 20 have not gotten paid on time.
Hitlery and her imps have failed their constituents over and over again.
Depends on the contract/agreement they are part of.
It is standard operating procedure for any supplier to put a line on a building until they have been paid.
It’s their only ultimate protection. But their payments go according to an agreed upon schedule and/or priority. A contractor correctly completing a job to agreed upon specs regularly holds up payment schedules and it should.
Subcontractor here. Liens are common in the Const business.
We really have no way to know all the details. I’m involved in these types of projects all the time, and a painter would normally be a subcontractor...for all we know Trump’s company paid the general, but for some reason the general hasn’t been timely in paying subs.
It’s weird, for some reason contractors like to be paid in a timely manner.See post #7 for the many reasons why they usually aren't genius.
Trump is not in charge of paying these sub-contractors. The General Contractor of the job is. There may be many reasons why these 20 or so subs haven't been paid. . . They may be even sub-contractors of other sub-contractors who have already been paid who failed to pay THEIR sub-contractors or suppliers. I really suspect that in the case of the paint supplier because the General Contractor would not contract for purchase of paint, but his painting sub-contractor would. Ergo, the painting contractor probably was paid, but did not complete payment for the paint he purchased for the job. The contractor's lien is then legally allowed to be placed on the entire job to force the General Contractor to get the supplier paid, either by pressuring the painting contractor to pay-up, or paying himself, in other words the GC may windup paying twice for the same paint!
There is literally no way for the General Contractor to account for sub-contractors paying all of their suppliers in all cases, or for all of their workers, unless the GC pays all bills. On a large job, that is much too unweildly. I am betting these 20 or so liens are all of this nature and typical of any large project.
Big contracts have contractors, sub contractors, sub-sub contractors, etc. If coordination breaks down or other issues arise, it would be a miracle if there were no disputes.