Construction Payment Blog

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...

Note: This article was originally published in 2015 and was updated with new information in July 2017. Mechanic liens and notices require certain data to correctly identify the property being...

In Texas, a general contractor and property owner got into an argument over $20 million in damages and unpaid bills. The contractor argued the money was due, and the property...

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...

One of the main challenges that suppliers and subcontractors consistently face throughout the notice process is a lack of data. States may require that notices be sent to specific contacts...

Lien waivers are important to construction projects in general, and good credit management in particular. Nearly every party furnishing labor or materials has the right to file a mechanics lien in...

Lien waivers are one of the backbones to a fair payment system in the construction industry. The importance of lien waivers cannot be overstated, and neither can the need to understand...

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...

There are plenty of documents, agreements, provisions, and other terms used in the language of construction and construction finance. Some terms have more than one definition, depending on who you...

Credit departments in the building materials supply industry have a difficult task. Approving and monitoring credit limits and payments for thousands of customers and hundreds of thousands of projects every...