TPA Miami Slides 2022

Paying Sub-Consultants

Contracting – Establishing Scope , Fee, Schedule and Payment Terms

Generating Invoices – Timesheets, Sub invoices, Drafts, Finals

Doing the work – Managing staff and sub-consultants and delivering output

Collecting Payment - Diligent, persistent follow-up

Paying Sub-consultants

Model the right behavior. Make sure you pay your subs immediately after you get paid.

Don’t solve your cash flow problems off the backs of your business partners

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THE PRINCIPALS ACADEMY 2022

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