What generally precedes a contractor's payment to subcontractors?

The correct response highlights that a contractor typically makes payments to subcontractors after receiving payment from the client or project owner. This practice ensures that the contractor can cover the costs incurred by subcontractors without risking their own cash flow. It is common for contracts to stipulate that payments to subcontractors are contingent on the contractor being paid first, aligning financial responsibility and workflow.

In the context of construction projects, this process helps manage financial risk for contractors, ensuring they have adequate funds to distribute to subcontractors based on the work completed. This is a key aspect of construction management and financial planning within the industry.

The other choices do not accurately represent the sequence; for instance, the completion of the entire project could lead to final payments but is not a prerequisite for payments at different phases. Similarly, approval of final blueprints does not directly impact payment arrangements, and documentation of labor payments, while important for record-keeping, isn't a determining factor in payment timing.