Legal

This month we complete our series of articles on debt collection with a discussion of what contractors, subcontractors and suppliers might do to protect themselves as a job moves towards completion.

This standard form contract was prepared by the Landscape Ontario Grounds Maintenance Commodity Group, which included representatives of insurers and the legal profession.

If you are a subcontractor or supplier, I recommend that, in the industrial, commercial or institutional contexts, you inquire to determine if a labour and material payment bond has been posted by the contractor in relation to the project.

Case study: Contractor wins a lawsuit, but loses on the bottom line.