Dead Beat Contingency Providers

njk53 · 12-30-2008, 12:07 AM

I agree with you Joe B. All contingency providers should be required to have the contingency money paid to the NHRA/IHRA prior to any event for which they will pay a contingency. At the conclusion of an event, the NHRA/IHRA pays the money to the winner/runner-up. It could be very easy to administrate. Problem
is the powers that be get their money up front and don't want to kill the golden cash goose. Why should they be concerned whether we get our money fast,slow, or not at all. They have theirs. If that were me, I would be taking care of the guys that support me every event by getting the prize money in their hands as quickly as possible.

12-30-2008, 12:07 AM	#7
njk53 Senior Member Join Date: Jul 2007 Location: East China, MI Posts: 504 Likes: 0 Liked 0 Times in 0 Posts	Re: Dead Beat Contingency Providers I agree with you Joe B. All contingency providers should be required to have the contingency money paid to the NHRA/IHRA prior to any event for which they will pay a contingency. At the conclusion of an event, the NHRA/IHRA pays the money to the winner/runner-up. It could be very easy to administrate. Problem is the powers that be get their money up front and don't want to kill the golden cash goose. Why should they be concerned whether we get our money fast,slow, or not at all. They have theirs. If that were me, I would be taking care of the guys that support me every event by getting the prize money in their hands as quickly as possible. __________________ Nelson Kowal Stock 345