You, as a construction contractor, do not have the luxury of relying solely on the good intentions of your owner or general contractor to get paid in full. Things can and do go wrong during the course of a construction project. As a stark example, you may have experienced the year 2008, when developers in Nevada suddenly ran out of money and were unable to borrow additional money due to the financial markets freezing. Even during good economic times, payment issues will arise. For instance, what happens when a long-standing developer or contractor retires or passes away and the business passes to family members who are less skilled at managing the business? Unfortunately, there is also a cynical side to the business. When disputes arise regarding the cost or quality of the construction, previously friendly developers or general contractors may use the threat of non-payment to get negotiating leverage over your company.