PAY GUARD
Construction Management Payroll Program What is Pay Guard?
Pay Guard is program that provides large and medium Construction Management Firms “CM” with payroll funding for lower tiered contractors.
Benefits of Pay Guard for the CM:- Lower Tiered Contractor will be able to work within CM’s 45 day pay cycle
- The current paper work intensive process for the CM, Prime and Subcontractor will be eliminated
- Eliminates the approval process for paying a subcontractor before the 45 day pay cycle
- Insures Subcontractor is paying employees
- Shows Public/Private owners CM has additional programs for assisting Small Disadvantage Businesses
Benefits of Pay Guard for the Prime:
- Lower Tiered Contractor will be able to work within CM’s 45 day pay cycle
- The current paper work intensive process for the CM, Prime and Subcontractor will be eliminated
- Insures Subcontractor is paying employees
Benefits of Pay Guard for the Subcontractor:
- Lower Tiered Contractor will be able to work within CM’s 45 day pay cycle
- The current paper work intensive process for the CM, Prime and Subcontractor will be eliminated
- Insures Subcontractor is paying employees
- Subcontractor can better control cash flow
- Subcontractor can work multiple jobsites
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