Construction Payment Blog

North Dakota legally requires any contractor working on jobs exceeding $4,000 to first obtain a license. Contractors include anyone performing construction, repair, alteration, or demolition work on roads or structures,...

If you’ve ever been in charge of receivables at a construction company, you know that getting paid isn’t always easy. Before the fall of 2020, Kim Fannin — the office...

Any party with a vested interest in new construction or a remodel project should carry builder’s risk insurance. Those stakeholders might include an entity that has direct or indirect involvement...

A contractor’s affidavit provides reassurance to the project owner that all contractors and vendors on the project have been paid for the work they provided. By signing the form, the...

Whether it’s a family home, an apartment building, or a skyscraper, make no mistake: A construction project contains many moving parts. But, unlike the gears, pistons, and hydraulics in the...

Growing a construction business often requires the use of debt or other forms of construction financing to fund large capital expenditures, particularly equipment. Whether your trade requires significant investment in...

Nebraska contractor licensing requirements are a bit different than most other states. Instead of requiring each contractor to hold a state-issued license, it requires most to pursue licensing with individual...

Residential and restoration contractors working in Connecticut need to be aware of the provisions of the Connecticut Home Improvement Act so they can ensure that they are in compliance, their...

The American Institute of Architects (AIA) recently released two new AIA residential contract templates for home builders.  The A111 – 2021 is a contract between a homeowner and a home...

All 50 US states have adopted ‘Little’ Miller Acts. These laws protect first-tier subcontractors and suppliers on state-funded projects, ensuring that they get paid. Since public projects are not subject...