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Late payment in construction often starts long before an invoice goes overdue. Applications, valuations, variations, retentions and final accounts all depend on terms that were agreed, or never agreed, at the start of the job. Clear payment terms won't guarantee that anyone pays on time, but they give you something concrete to point to when payment slips. In short: good construction payment terms set out how and when you apply for payment, when payment falls due, how retentio