We haven’t had any issues with any of our Progress Payments
and our bank has been really quick to get the valuer out to the check the building
progress and release the funds. Usually McDonald Jones sends me an invoice by
email and I just forward it to the bank with my authority to pay. Our Progress Payment
4 invoice was never sent to us in an email and we got that on the last day of
the due date in mail. I rang our CLO and explained her that the invoice was received
on due date and it cannot be paid on time. She just extended our dates with no
issues and the bank took care of the rest.
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