Construction Payment Blog

On construction projects, the practice of withholding retainage is controversial. Many states have begun to pass legislation regulating the retainage practices on both public and private construction projects. In the...

The coronavirus has been a cause for significant concern for construction businesses. Everyone from GCs to material suppliers is watching their cash closely. If construction businesses were reluctant to protect...

In a recent report published by Levelset and Fieldwire, over 500 companies in the construction industry were asked about payments and payment delays. Some of the responses were surprising. It...

It’s an accepted fact that a construction project will have some unforeseen, built-in hiccups. Jobs rarely go off without a hitch. Factors related to inclement weather, supply shortages, or inspection...

Back charges can be a scary part of the construction business. They’re often abused or misused and subcontractors can find themselves with their backs against the wall out of nowhere....

Given the impact of COVID-19 on construction, many businesses have been forced to close their doors, whether it be temporarily or permanently. This means that securing your lien rights during...

While it isn’t extremely common, you may find yourself on a project that is using construction loan fund control. If you aren’t familiar with it, it can seem a bit...

Finishing a construction project without a lien claim is everyone’s financial goal, and each party has a role to play. With a little homework, good communication, and proper documentation, mechanics...

In their 2020 session, the State of Virginia enacted legislation that grants construction employees private causes of actions for nonpayment on a construction project. One of the most significant changes...

The results of the 2020 National Construction Payment Survey are in, and the data shows how badly the current construction payment process is working. That survey also shows that as...