Venture Construction Co.

Venture Construction Co. is typically a General Contractor who has worked on 181 jobs in the last 12 months according to available project information. Learn more about Venture Construction Co.'s recent projects, reviews from other contractors, and general payment terms below.
Top
5%
5
Payment rating rank in the industry. These ratings are left by other contractors. Learn More.
Pay Score:
Medium

Reviews and Ratings of Venture Construction Co.

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There are 2 companies that have rated Venture Construction Co.’s payment practices with an average payment speed of 5 out of 5. This is in the top 5% of all U.S. contractors.

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Venture Construction Co. Awards

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For Subs of Venture Construction Co.

Want to bid on a project with Venture Construction Co. or not sure what documents you should be exchanging? See the number of open bids, how to apply for work, and the documents you should be exchanging based on job progress.

What are you looking to do?

Apply to work with Venture Construction Co.

Start of Job

Send Preliminary Notice

70 others have sent to Venture Construction Co. recently with Levelset.

Change of Job Items

Apply for payment

Send Pay Application

98 contractors have recently sent with Levelset.

Need Progress Pay for Completed work

Send Partial Conditional Lien Waiver

52,689 contractors have recently exchanged with Levelset.

Finished Job and Need Final Payment

Send Final Conditional Lien Waiver

52,689 contractors have recently exchanged with Levelset.

Waiting for payment from Venture Construction Co.

Show other steps 
Is your invoice taking long to get paid?
Send an Invoice Reminder. Other contractors send an invoice reminder 15 and 25 days after sending an invoice.
Have an overdue invoice?
Send a Notice of Intent to Lien to push for payment and avoid a mechanics lien. A notice of intent to lien results in payment on more than 95% of projects.

Venture Construction Co. Job History, Rankings, and Trends

Need Payment Help?

Based on the all-time 657 jobs publicly available, contractors working with Venture Construction Co. are paid on-time on 98% of jobs with 13 reported instances of slow payment. Venture Construction Co. ranks in the top 55% of contractors in the United States. Relative to other contractors in the United States, Venture Construction Co. pays at a Medium payment speed.

Below you can find recent projects Venture Construction Co. worked on that had reports of slow payment. Subs and vendors reported slow payment on 2% of Venture Construction Co.’s jobs in the last 12 months. These subs sped up payment by exchanging 9 slow payment claims, sending 3 lien threats, and filing 1 mechanics liens.

Lien threatened for Commercial project in New Bern, North Carolina

Lien threat value $10,000 | 2 months ago

Mechanics Lien filed on 03/23/2020 at 5013 W Park Blvd, Plano, TX 75093

Active | Lien Value of $88,589.00

Job Details
Property Owner: Rdj West Park
General Contractor: Venture Construction Co.

Lien threatened for Commercial project in Terrell, Texas

Lien threat value $10,000 | 3 months ago

Slow payment reported (90+ days) for Commercial project in Terrell, Texas

Work worth less than $1,000 | 5 months ago

Slow payment reported (90+ days) for Commercial project in Terrell, Texas

Work worth less than $1,000 | 5 months ago

Slow payment reported (90+ days) for Commercial project in Terrell, Texas

Work worth less than $1,000 | 5 months ago

Slow payment reported (90+ days) for Commercial project in Terrell, Texas

Work worth less than $1,000 | 5 months ago

Slow payment reported (90+ days) for Commercial project in Terrell, Texas

Work worth less than $1,000 | 5 months ago

Slow payment reported (90+ days) for Commercial project in Terrell, Texas

Work worth less than $1,000 | 5 months ago

Slow payment reported (90+ days) for Commercial project in Terrell, Texas

Work worth less than $1,000 | 7 months ago

Slow payment reported (90+ days) for Commercial project in Terrell, Texas

Work worth less than $1,000 | 7 months ago

Slow payment reported (90+ days) for Commercial project in Terrell, Texas

Work worth less than $1,000 | 7 months ago

Lien threatened for Commercial project in Savannah, Georgia

Lien threat value over $1,000 | 11 months ago

About Venture Construction Co.

Website for Subs 
On their website, Venture Construction Co. describe themselves as:

“ We are licensed in 47 states and have completed projects in 46 of them. Our expertise spans from building fine dining restaurants to travel centers, casual restaurants to drug stores, child care centers to strip shopping centers, plus a host of other types of projects. ” read more

10 

Office Locations:

4 Terrace Way, Greensboro, NC 27403
 

Works in:

North Carolina, Georgia, Tennessee, Texas, Florida, South Carolina, Alabama, Virginia, Mississippi, Maryland, Oklahoma, Kentucky, Arkansas, Washington, California, Missouri, Kansas, Indiana, Louisiana, Colorado, Nevada, Delaware, Illinois, Pennsylvania

Venture Construction Co. is featured in these lists

Venture Construction Co. Project and Payment Info

Payment Score
Medium

Compared to other contractors' pay history, Venture Construction Co.'s payment Score is Medium.

How Levelset computes this
Top
65% Large Companies

Recent Payment Performance

98% of projects in the last 12 months had no reported payment issues by other contractors.

Last 12 months - 98%

Payment Performance Over the Years

According to available information, 99% of projects in 2019 had no reported payment incidents.

2020 - 96%
2019 - 99%
2018 - 100%

Key Payment Steps and Software

Preliminary Notice

Always send

Venture Construction Co. uses Levelset for preliminary notices. Send Preliminary Notice

Lien Waivers

Always Exchange

Venture Construction Co. uses Levelset for exchanging lien waivers. Exchange a waiver