Stored Materials Billing: Verifying On-Site and Off-Site Material Before You Pay
Stored-materials billing asks the owner to pay for material that has not been installed yet — sometimes material that is not even on the project site. It is a legitimate and common practice, but it puts the owner's money ahead of the work, and a stored-materials line that is not properly documented is real exposure. Here is what to verify before approving payment for on-site and off-site stored material.