Try to maintain a middle ground between oversight of the work in progress and breathing down the contractor's neck. Establish a schedule of work review meetings to discuss progress and expectations, costs versus budget, any problems or special arrangements and to maintain open communication with your contractor. The contractor should provide you with a timetable for final decisions on any specifications not determined during the design process. For example, if the carpet color has not been designated, the contractor should give you a deadline for selecting it. Keep in mind that paying the contractor on time is one of the most important jobs of the client during the construction process.
Cash flow is a major concern to all contractors.
Part of the construction contract must be the timetable for payments. Many contracts include an advance of 10 to 30 percent of the construction price and a monthly draw. Quick payment is one of the best ways to assure continued good relations with your contractor. Praise for good work also doesn't hurt relations. Once the structure is built, it now requires the final touches to make it a home.