Construction Payment Blog

Keeping track of cash can be hard for contractors; a good accountant can help you put more money back in your pocket. But not all accountants are created equal. The...

A dispute over change orders has led to a multi-million lawsuit between Austin-based HVAC contractor Dynamic Systems Inc. and Skanska USA, the Swedish construction firm’s American arm. Skanska, a contractor...

Virtually every state has prompt payment laws that make it illegal for anyone on a construction project to delay payments to their contractors and suppliers. Does that mean the police...

The US Federal Prompt Payment Act (PPA) protects all tiers of contractors, subcontractors, and suppliers from late payments on federally-funded construction projects. It does this by providing a timeline of...

If another contractor on your job is having trouble getting paid, it’s a bad sign. Payment issues on a construction project often affect more than one company, so spotting these...

Contractors, subcontractors, and suppliers are entitled to prompt payment on construction projects in Texas. In this article, we’ll show you how to figure out if your project is covered by...

Prompt payment laws, first enacted by the federal government and later by states, provide legal recourse when owners and contractors fail to meet their payment obligations. More often than not,...

Several construction companies were suspended or removed from the UK’s Prompt Payment Code signatory list earlier this year. The list includes some big names in the industry. So, what did...

Licensing in the construction industry is often viewed as a roadblock to “business-as-usual.”  Understandably, with a need to bid on and deliver projects within tight schedules, owners of construction firms...

Applying for payment is a process that every contractor must understand from A to Z. In construction, a payment application is the document (or more accurately, packet of documents) that...