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Back charges |
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| Until now, the general contractor practices of only paying a portion of the base contract, holding retainage hostage to squeeze additional work, or frivolously using back charges were common practices," says Rocco Forino, CEO and founder of The Forino Report. After 10 alarms, the violator is given a final chance to pay all back charges and do whatever they have to do to stop the alarms from going off. Unbilled back charges can become uncollectible over time. |
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