Here's one more bone for you, a hat trick of fees.

Here's one more bone for you, a hat trick of fees..........go buy a happy meal.

You are no expert, that's for sure. In my industry we invoice for work completed and on site monthly. Invoices sent on/by the 25th of each month for work on site that month. We will then get paid once the GC has been paid by the owner, generally averaging 45-60 days from the date of the invoice. It's amazing that all trolls are experts in every field. Sometimes you guys show your ignorance when you speak of what you know nothing about. There are no subs (maybe mechanical for large units) that will put in a draw prior to the product being on site. Absolutly every sub operates under these terms! No ifs ands or buts about it!
We manufacture out product, that part of the process is 85% of the contract, but can't be invoiced until the site is ready for the product. Therefore we quite often have costs that run a few months prior to payment. Oh, and 10% holdback until the project is complete. On a multi-million dollar project that can be measured in years not months.
Again residential operates differently. Most residential (not all) is small potatoes. I have clients that provide us with constant work totaling 100's of 1000's worth of work anually. Residential does not have the margins or the repeat business. Our receivables standardly total a minimum of 3 months worth of invoicing, sometimes as high as 5 months.

That's exactly how it works Mr expert. Stick to what you do...........trolling SMB's of stocks that you don't own.