@Peter Kozlowski I am not a lawyer, but in our experience with slow contractors, I think the thing to keep in mind is communication. It is alright to be frustrated and angry, but when speaking with your contractor, keep a cool head and try to find out what is really going on. Their quality of work might be amazing, but running a business is just not their forte. Keeping a cool head will make breaking off a contract easier and cleaner, without the need to litigate.
This only works if your payment schedule did not include fronting a large potion of the costs in the beginning. We’ve began instituting a small bonus of 5% of total labor cost if contractor finishes on time, as well as a fee per day deducted from the final balance owed, for every day it goes over schedule. This is agreed upon mutually prior to the start of the job. Good luck!
