What does subcontractor invoice mean in construction?
Short definition
A subcontractor invoice is a payment request submitted by a subcontractor for work performed or materials supplied.
Longer explanation
It is reviewed against the subcontract, schedule of values, progress, retainage, lien waivers, and approved changes.
Example in context
“The project team reviewed the subcontractor invoice during the construction phase.”
Common users
- Owners
- Architects
- Contractors
- Construction managers