In these difficult times, contractors are failing at record numbers.
   
For clients of contractor services, it is typical to hire a large contractor, with the rationalization that the contractor is too large to fail. This approach can lead to major delays in project schedules.

The best way to protect yourself is to look back at the track record of contractors you are interested in hiring. A good contractor should be able to refer several happy customers.

When researching contractors, also make sure that construction workers are:
•    Qualified
•    Being paid in accordance with applicable laws
•    Able to cash their paychecks
•    Paid in a timely fashion
•    Working in safe manners
•    Respectful of the client’s property
•    Employed by your contractor and not an employee leasing company

It is important to remember that typically, construction workers are considered subcontractors, not employees. Therefore, you (the client) should speak to these workers periodically to ensure projects are running smoothly. If the project is not running smoothly, meet with the contractor to ensure that any problems on their end do not jeopardize the future of your project.

As always, if you have questions or would like to discuss this topic, contact me personally at 505-934-1577, mickrich@msrci.com. Or, submit your opinion below.