Notice of non-payment
A formal notice indicating unpaid invoices.
Notices of non-payment are critical for initiating the collections process. They formally notify the debtor of outstanding obligations, providing a clear record of communication and setting the stage for further action if payment is not received promptly.
Used in a sentence
Send a notice of non-payment to the client for the overdue invoice.
Stay updated on what’s happening in construction.
Subscribe to Blueprint, Procore’s free construction newsletter, to get content from industry experts delivered straight to your inbox.
Learn MoreLearn more about Notice of non-payment
10 Common Construction Risks for Contractors & Owners
Construction is a tough, often volatile industry, with one of the highest rates of business failure of any economic sector. While construction can be a lucrative business, it is also high risk. Predicting future risks, and taking steps to mitigate their impact, is critical to the success of any project. While it is impossible to […]
Construction Delay Claims: Learn the Main Types — and Their Defenses
Delays are among the most common disputes that arise on construction projects. However, the process of establishing and proving a delay claim can get complicated. That’s why having a comprehensive understanding of the necessary elements to justify a delay claim can be a priceless advantage. At the same time, understanding the ins and outs of […]
How can we improve this glossary entry?
By clicking this button, you agree to our Privacy Notice and Terms of Service.