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Novel Builders Payment and Project History

Review the 594 Novel Builders projects and payment history over the years. Know more about who you work with, how they pay, and avoid any potential issues on the job.

Project Monitoring594 Projects


project

last
12 months

state
average

national
industrial average

Protected Projects

0%

48%

42%

Unprotected Projects

70%

49%

53%

Reported Slow Payment

26%

1%

2%

Projects With Liens

4%

2%

3%

Novel Builders Project and Payment History


Commercial Construction Project at

  • Last known event: 12/15/2018
  • First known event: 12/15/2018

Commercial Construction Project at

11110 Midway Rd, Dallas, TX 75229

  • Last known event: 03/19/2024
  • First known event: 03/19/2024

Commercial Construction Project by Ykk Ap at

2310 South Heritage Parkway, Sherman, TX 75092

    Commercial Construction Project at

    801 E Debbie Ln, Mansfield, TX 76063

    • Last known event: 10/04/2024
    • First known event: 10/04/2024

    Commercial Construction Project at

    7300 BLUE MOUND RD, Fort Worth, TX 76131

      State / County Construction Project at

      500 E FARMERS RD, Seagoville, TX 75159

      • Last known event: 11/19/2024
      • First known event: 08/15/2024

      Commercial Construction Project at

      • Last known event: 10/15/2024
      • First known event: 10/15/2024

      Commercial Construction Project at

      • Last known event: 12/13/2024
      • First known event: 07/15/2024

      Commercial Construction Project at

      sam rayburn highway & washington drive, Melissa, TX 75454

        Commercial Construction Project by Bear Creek Construction (MN) at

        7255 W Camp Wisdom Rd, Dallas, TX 75236

          Commercial Construction Project at

          2719 Basswood Blvd, Saginaw, TX 76131

          • Last known event: 12/10/2024
          • First known event: 12/10/2024

          State / County Construction Project at

          2001 E Renner Rd, Richardson, TX 75082

          • Last known event: 09/13/2024
          • First known event: 09/13/2024

          Commercial Construction Project at

          3838 408th Spur, Dallas, TX 75236

          • Last known event: 09/13/2024
          • First known event: 01/12/2024

          Commercial Construction Project at

          2602 W ILLINOIS AVE, Dallas, TX 75233

          • Last known event: 12/13/2024
          • First known event: 08/15/2024

          State / County Construction Project at

          • Last known event: 07/15/2021
          • First known event: 07/15/2021

          Commercial Construction Project at

          8169 Precinct Line Rd Bldg 2, North Richland Hills, TX 76182

          • Last known event: 12/13/2024
          • First known event: 11/15/2024

          Commercial Construction Project at

          8810 Stacy Rd, Mckinney, TX 75070

          • Last known event: 10/15/2024
          • First known event: 12/15/2023

          Commercial Construction Project at

          8800 Stacy Rd, Mckinney, TX 75070

          • Last known event: 11/15/2024
          • First known event: 02/26/2024

          Commercial Construction Project at

          5270 Grisham Dr, Rowlett, TX 75088

          • Last known event: 12/13/2024
          • First known event: 04/02/2024

          Commercial Construction Project at

          NWC OF CANDLER DR BASSWOOD BL, Fort Worth, TX 76110

            Commercial Construction Project at

            2276 S FM-1417, Sherman, TX 75092

            • Last known event: 12/13/2024
            • First known event: 10/15/2024

            Commercial Construction Project at

            • Last known event: 12/13/2024
            • First known event: 10/15/2024

            Commercial Construction Project at

            4781 S Custer Rd, Mckinney, TX 75070

            • Last known event: 02/26/2024
            • First known event: 02/26/2024

            Commercial Construction Project at

            11960 US-380, Aubrey, TX 76227

            • Last known event: 06/25/2024
            • First known event: 06/25/2024

            Waiting for payment from Novel Builders


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            Payment History Summary


            Recent Payment Performance

            55% of projects in the last 12 months had no reported payment issues by other contractors.

            Last 12 months - 55%

            Payment Performance Over the Years

            According to available information, 45% of projects in 2023 had no reported payment incidents.

            2024 - 55%

            2023 - 45%

            2022 - 39%

            2021 - 51%

            Typical Contract Terms


            Retainage

            Usually 10% retainage in Texas. See typical retainage by State for Novel Builders.

            2% No Retainage

            98% 10% retainage

            Payment Terms

            Others typically said they were paid when paid from Novel Builders. See what were common payment terms.

            25% Pay if paid

            75% Pay when paid

            Days to Payment

            Novel Builders typically pays in 15 - 30 days. This is self-reported by other contractors at the end of projects.

            67% 15 - 30 days

            33% 31 - 60 days

            Read testimonials about Novel Builders


            Pay fast but only if paperwork in order. I guess with the way the world is now it is what it is. They don’t tolerate funny business on billing.

            2 years ago
            See all testimonials