Get help with everything you need to know about construction payments.
SDI carriers need to see a formalized approach towards financial vetting. Solvency issues are a primary contributor in many subcontractor default claims, and the vast majority of these losses might...
Achieving profitability in the construction business can sometimes be more of a challenge than the work itself. Between the tight margins, managing change orders, the burden of retainage, and the...
When a natural disaster strikes, as it often has this year, the damage is often quantified in dollars. Those dollars represent the cost of rebuilding (the fiscal cost) which is...
However, the best thing you can possibly do about the threat posed by non-paying customers is to prevent a non-payment situation from happening in the first place. And how do you...
Managing lien rights in the construction industry is already challenging enough without having to remember the specific names for all of the documents that are used in the process. It...
Many, if not most, of the construction payment issues and delays that arise can be directly attributed to the circumstances created by the project payment chain. Read on to learn...
Before digging too far into the pros and cons of a newsworthy lien, we should note that mechanics liens speak for themselves, regardless of any news coverage. A mechanics lien is...
Managing payments in the construction industry shouldn't be as difficult as it is. Frankly speaking, the industry is tough enough already. When you add the burden of managing payments -...
When we first got to know Marisol, she was dealing with a problem that may sound familiar to just about anyone reading this post: Bay was having trouble collecting on...
If you're an accounting manager working for a general contractor, then you can probably relate to the issue we're raising here. According to Sarah Toulmin, levelset's Senior Training & Onboarding Manager, one of...
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