- Joined
- Jul 25, 2007
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- Endicott, New York, United States
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We just received notice from NYS that they are not going to be making any further payments on our construction projects because they are out of money.
However, once they get back from their frigging vacations, they will work on passing a budget, which will allow them to start paying us (and the school districts) once again.
In the meantime, they were kind to remind us that our contracts obligate us to continue to work on the projects with no delays. If not, we will be sued. Apparently they still have some money socked away for that.
Of course, we need to pay our employees and suppliers in the meantime. And most likely, our smaller subcontractors will need to be paid right along too, since they are too small to have access to big lines-of-credit.
'Nuff bitchin'. Back to work.
However, once they get back from their frigging vacations, they will work on passing a budget, which will allow them to start paying us (and the school districts) once again.
In the meantime, they were kind to remind us that our contracts obligate us to continue to work on the projects with no delays. If not, we will be sued. Apparently they still have some money socked away for that.
Of course, we need to pay our employees and suppliers in the meantime. And most likely, our smaller subcontractors will need to be paid right along too, since they are too small to have access to big lines-of-credit.
'Nuff bitchin'. Back to work.
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