Construction Financial News
The latest construction industry news, payment trends, and financial insights.
Featured story
The Foreclosure Moratorium is Set to Expire — Should Residential Contractors Be Worried?
Residential contractors have seen a major boom in home construction projects during the COVID-19 pandemic, but the looming deadline for two government programs could significantly increase financial risk in the...
Aug 5, 2021
Recent stories
California Tech Giants & Tech-Focused Cities Held Back as Construction Projects Face Roadblocks
As major corporations are looking to get their operations back on track in the most...
Sep 27, 2021
Airport Construction Soaring: $135M Southwest Airlines Facility Approved, Continuing Recent Upward Trend
Major airports nationwide have been returning to significant construction projects in 2021, even with the...
Sep 24, 2021
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Problem projects
Alaska: Disagreements Over Scope of Work, Accusations of Wrongful Termination Lead to $1.1 Million Miller Act Claim
Following a number of disputes over scope of work, allegations of delays, and ultimately a claim of wrongful termination, Alaska...
Sep 16, 2021
Construction Dispute Over Reno Student Housing Facilities Leads to $400K Lien Claim in Federal Court
California: PERI Formwork Systems Files $408K Claim Over Missing Concrete Formwork, Construction Nonpayment
Industry trends
Airport Construction Soaring: $135M Southwest Airlines Facility Approved, Continuing Recent Upward Trend
Major airports nationwide have been returning to significant construction projects in 2021, even with the COVID-19 pandemic continuing to affect...
Sep 24, 2021
Clippers, Bills, & More American National Sports Teams Ramping Up Venue Construction
Changes to Washington State Energy Code Requirements Cause Backlash From Contractors
Legal alerts
New York Wage Theft Bill Signed Into Law, Effective January 4, 2022
New York Governor Kathy Hochul signed NY A-3350 into law on September 6, 2021. The effect of such legislation will make...
Sep 23, 2021
Does Pennsylvania’s Prompt Payment Act Apply to Mixed-Use Projects?
Illinois Claimants Must Be Prepared When Faced With a Demand to Enforce
Viewpoints
Construction Professionals Weigh in on Crucial Texas HB2237 Revisions
During 13 years in the Texas construction industry as a credit manager, I remained focused on the importance of networking,...
Jun 2, 2021
A CPA Explains PPP Loan Forgiveness for Construction Businesses
What New Jersey considers “Essential Construction Projects” during COVID-19
The Ultimate Guide to Lien Waivers in Construction
Everyone in the construction industry encounters lien waiver documents, but too often, these complex and consequential forms are overlooked. Whether you’re a sole proprietor or a large corporation, understanding and managing construction lien waiver requests is important.
This comprehensive article will explain everything you need to know about lien waivers and walk you through best practices that could save your construction business from a very expensive mistake.
Read moreProfessional profiles
“Find your tribe” | Interview with Construction Accounts Manager Juli Foscoli
Juli Foscoli is the Accounts Manager at South Town Glass in Salem, Oregon. She also serves as the company’s secretary...
Mar 14, 2021