Construction Payment Blog
Get help with everything you need to know about construction payments.
Getting paid in construction is slow, hard, and stressful – that’s the takeaway from a survey of over 500 construction professionals conducted in collaboration between Levelset and TSheets by Quickbooks. ...
Contractors sometimes have to wait a long time for payment. A demand letter can be a powerful weapon in your arsenal to get paid faster. If you are waiting on...
A step-by-step guide on how to file a mechanics lien for any state in the United States. Outlines the process of filing a construction lien, including rules and requirements. Resources,...
Learn why a Notice of Intent to Lien is one of the most effective ways to resolve a payment issue on a construction project. THE demand letter that gets results...
How do mechanics liens work? We've put together a list of 17 different ways a mechanics lien empowers the construction industry to get paid the money they've earned on their...
We changed our name to Levelset today because the name zlien wasn’t good enough. And here – beginning at the very beginning – is why. It’s 2006. The...
The practice of retainage, aka retention, has a tremendous impact on the construction industry. Learn how retainage works on different types of projects and in different states. Article links to...
What are lien waivers in construction? This article is the ultimate guide for construction lien waivers including essential information and links to download any lien waiver form you need.
While joint checks and joint check agreements are common in the construction business, these agreements can actually be entered into by businesses in any industry. However, these tools are utilized...
Back charges can be tricky if you're not careful! It's incredibly important to prioritize communication and documentation when back charges are in play.
A good understanding of the lien waiver rules in your state is crucial to protecting your rights to payment; and the state of Georgia is no exception. Let’s take a...
In the construction industry, each project is different from the next. Some jobs come with an up-front deposit. Others require 15% in retainage. A year-long job may come with a...
All accounting uses the same equation—what you own (assets), what you owe (liabilities), and what’s left over. However, there are some key differences between general accounting and construction accounting that...
Keeping track of cash can be hard for contractors; a good accountant can help you put more money back in your pocket. But not all accountants are created equal. The...
For a large part of the 2019 summer, Oceanwide Plaza was making waves in the Los Angeles construction scene. In June alone, the stalled project racked up nearly $40 million...
The city of Austin is growing at a rapid pace, in both population and economic terms. An “unsustainable” number of people – estimated at 100 per day – are moving...
A dispute over change orders has led to a multi-million lawsuit between Austin-based HVAC contractor Dynamic Systems Inc. and Skanska USA, the Swedish construction firm’s American arm. Skanska, a contractor...
Virtually every state has prompt payment laws that make it illegal for anyone on a construction project to delay payments to their contractors and suppliers. Does that mean the police...
Prompt Payment The US Federal Prompt Payment Act (PPA) protects all tiers of contractors, subcontractors, and suppliers from late payments on federally-funded construction projects. It does this by providing a...
When a contractor invests their own money into someone else’s construction project and doesn’t get paid, it can be devastating. Sometimes the amounts are staggering, as we saw in Los...