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Novel Builders Payment and Project History

Review the 589 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 Monitoring589 Projects


project

last
12 months

state
average

national
industrial average

Protected Projects

0%

48%

41%

Unprotected Projects

71%

49%

53%

Reported Slow Payment

25%

1%

2%

Projects With Liens

4%

2%

4%

Novel Builders Project and Payment History


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

    Commercial Construction Project at

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

    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: 11/15/2024
    • 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

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

          Commercial Construction Project at

          2310 South Heritage Parkway, Sherman, TX 75092

            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: 11/15/2024
            • 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: 11/15/2024
            • 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: 11/15/2024
              • First known event: 10/15/2024

              Commercial Construction Project at

              • Last known event: 11/15/2024
              • 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

              Commercial Construction Project at

              1701 BUTCHER ROAD, Waxahachie, TX 75165

                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.

                100% 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.

                50% 15 - 30 days

                50% 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