Service 06 / Owner Contracting & Payment Advisory

Know Who You Hire. Know What You Pay.

An owner’s representative for contractor selection, commercial contract negotiations, and construction payment review. Put practical safeguards in place before you sign, then keep billing and funding tied to the work.

Discuss Your Project

From Selection to Final Payment

Focused support for one agreement, contractor selection, or ongoing monthly oversight. Clear recommendations for the owner’s decisions.

Practical Owner Safeguards

Better Decisions Before You Sign.
Stronger Oversight After You Do.

A low bid does not tell the whole story. We help owners evaluate the contractor, understand commercial commitments, and establish a consistent process for reviewing what gets paid and when.

Contractor Vetting

Review relevant experience, references, proposed personnel, workload, required qualifications, insurance, and available financial and bonding information. Document concerns before the owner selects a contractor.

Negotiation & Contract Review

Represent the owner in commercial negotiations and review the complete contract package for gaps, conflicting terms, and missing owner protections. Address scope, general conditions, schedule commitments, delay exposure, payment, and closeout, with legal language and agreement drafting coordinated through construction counsel.

Performance & Payment Bonds

Help owners evaluate bonding needs, particularly for larger or higher-risk projects. Coordinate with the owner’s surety adviser and attorney to review proposed requirements, verify issued bond documents, and track outstanding items before work begins.

Schedule of Values Review

Review the contractor’s proposed schedule of values before the contract is executed. Flag front-loading, unsupported allocations, and payment timing that could leave the owner paying ahead of the work or strain available project funding.

Monthly Payment Application Review

Review AIA G702/G703 or equivalent applications against the contract, schedule of values, approved changes, prior billings, retainage, and supporting records for progress and stored materials. Identify questions and recommend adjustments before owner approval.

Project Funding & Cash Flow

Forecast monthly funding needs against the construction schedule. Track approved commitments, actual payments, potential changes, contingency, and retainage so the owner can plan cash availability and coordinate lender draw timing where applicable.

Contract Documents & Delay Risk Review

Find the Gaps Before They Become Owner Costs.

We review all contract documents provided for the engagement as one coordinated package: the agreement, general and supplementary conditions, drawings, specifications, exhibits, addenda, amendments, and incorporated proposals or clarifications.

The review identifies omissions, inconsistent requirements, and missing language that may expose the owner to avoidable costs. We document recommended corrections and coordinate resolution with the project team and construction counsel before execution.

General & Supplementary Conditions

Review responsibilities, document precedence, notices, claims, changes, payment, and closeout requirements. Flag conflicting terms, undefined obligations, exclusions, or missing language that could shift unexpected costs and responsibilities to the owner.

Liquidated Damages & Completion

Review completion milestones, proposed amounts and triggers, time extensions, and the interaction with damage waivers and other remedies. Coordinate with construction counsel on language, anticipated owner losses, and enforceability.

Weather & Unforeseen Delays

Review normal weather allowances, unusually severe weather, unforeseen conditions, and other delay events. Clarify time-only versus cost relief, notice deadlines, schedule-impact documentation, mitigation duties, and approval procedures for added time or money.

The goal is to establish who carries each risk, what must be documented, and how decisions are approved, reducing avoidable delay charges and uncertainty when conditions change.

Construction Delay Provisions · AIA Contract Documents

Understand the Protection

Two Bonds. Different Risks.

Performance and payment bonds address different obligations. We help you bring the right questions to your surety adviser and construction attorney before an award.

CONTRACTOR PERFORMANCE

Performance Bond

Addresses the contractor’s failure to perform its bonded contract, including default, subject to the bond’s terms and required procedures.

SUBCONTRACTOR & SUPPLIER PAYMENTS

Payment Bond

Addresses covered payment obligations to subcontractors and suppliers. It provides a separate safeguard when a contractor does not pay eligible project participants.

Bonding requirements depend on the project, contract, and applicable law. Coverage, limits, notice deadlines, and claim conditions require project-specific review. Surety Bond Basics From the SBA

What You Receive

A Clearer Record for Every Commitment.

Start before contractor selection or contract execution, or bring us in to strengthen an existing payment process. Contractor selection, contracting support, and monthly payment review can be scoped separately or combined.

Each engagement defines available records, site verification, review deadlines, and who is responsible for recommendations, certification, and final approval.

Contractor Evaluation & Award ChecklistA comparison of qualifications, references, scope gaps, key concerns, and documents needed before award.
Contract Document Gap & Risk RegisterA document inventory and prioritized list of omissions, conflicting terms, missing owner protections, and delay-cost exposures, with recommended corrections, responsible reviewers, and open decisions to resolve before signing.
Negotiation & Agreement PackageA commercial issues log and repeatable scope, pricing, payment, and reporting exhibits. Coordinate a standard construction contract or service agreement with the owner’s attorney, who handles legal drafting and final legal review.
Schedule of Values & Funding BaselineReview comments on cost allocations and front-loading, plus a funding forecast aligned with milestones, procurement, retainage, and agreed payment terms.
Monthly Payment Review & ForecastA reconciliation of requested amounts, supporting records, identified exceptions, and recommended next actions, with an updated view of remaining commitments and anticipated funding needs.
Payment & Closeout ChecklistTrack required subcontractor payment evidence, lien waivers or releases specified by counsel, warranties, punch-list completion, and documents needed before final payment.

A Clear Role on the Owner’s Team.

MeasuredBuild provides construction and commercial advisory. Licensed construction counsel provides legal advice, contract drafting, and legal review.

We coordinate with the owner, attorney, architect, surety adviser, and lender as the scope requires. Payment recommendations support the agreed approval process; they do not replace an architect’s required certification or guarantee contractor performance.

Why the Schedule of Values Matters · AIA Contract Documents

Start Before the Next Commitment

Bring Us in Before You Sign or Pay.

Tell us about the contractor selection, agreement, payment application, or funding decision in front of you.