Subcontractors appear to have a tenuous relationship with Textura’s Construction Payment Management (CPM) platform. In 2012, for example, American Subcontractor Association members were “grip[ing]” about the product, which general contractors...
Every Friday, we select a few articles from the week that we think are worth your time as a construction financial manager (CFM). We look for compelling articles not only...
Sometimes, the financial difficulty of the party with whom you contracted, or even their bankruptcy, can be the reason why you are not receiving payment. In that situation it may...
On Monday, Textura Corp. (TXTR) reported that its largest shareholder, Northwater Capital, was “changing its role from providing venture support to one of activist,” because the investors believed that the...
Disputes arise all the time in construction projects. It is a reality of the business that, while unfortunate, is constantly present. Mechanics liens, although potentially a precursor to an...
When unpaid on a construction project, those who furnished labor or materials to the job have the option of filing a mechanics lien claim. These claims can be a very...
Every Friday, we select a few articles from the week that we think are worth your time as a construction financial manager (CFM). We look for compelling articles not only...
Your company’s credit department likely uses a variety of different tools and software packages to operate. Unfortunately for building material suppliers, equipment rental companies, and others in the construction industry,...
The 3rd annual ENR Construction Risk Summit is approaching, providing contractors, owners, sureties, attorneys, and other construction stakeholders a forum to discuss and debate industry risks. The event’s agenda promises...
This is a guest post from Anytime Collect, A/R Credit & Collections leaders. Considering the tiny margins most companies operate on in the construction industry, making sure you...