CCIFP Certified Construction Industry Financial Professional Exam

Which payment term in a subcontract is most favorable to a general contractor's cash flow?

Pay-when-paid clauses that tie sub payments to owner receipts Net 10 terms requiring payment within ten days of invoice Guaranteed maximum price terms with weekly draws Lump-sum payments made at project milestones

Correct Answer:

Pay-when-paid clauses that tie sub payments to owner receipts

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