Construction Financial News
The latest construction industry news, payment trends, and financial insights.
Featured story
Construction Industry Booming, But Slow Payment Hurts Businesses: 2022 Survey Report
After a slowdown at the onset of the pandemic, the construction industry is once again booming across the residential, commercial, and public sectors. However, despite strong projections for growth in...
May 2, 2022
Recent stories
New Legislation May Bring Reform to Florida’s Hurricane-battered Property Insurance Market
Yet another Florida property insurance company filed for bankruptcy last week, leaving 80,000 homeowners scrambling...
Jun 30, 2022
Appellate Court Offers Reminder: Pay-if-Paid Clauses Still Enforceable in Connecticut
Pay-if-paid clauses in construction contracts are controversial at best. While some states have enacted legislation...
Jun 28, 2022
News and stories by topic
Problem projects
Tyson Corporation Faces $6.4M Mechanics Lien Foreclosure on Distribution Center Project
The Tyson Corporation is facing a $6.4 million lien foreclosure on the Pottsville, Pennsylvania distribution center for their Hillshire brand...
Jun 28, 2022
Illinois: $250M Apartment Construction Project Faces $1.5M Mechanics Lien, Suit from 3 Subcontractors
Watterson Construction Sues International Door After Reported Delays & Defects on F-35 Hangar Project
Industry trends
Storm Season 2022: Material and Labor Shortages Are Top of Mind for Contractors
Storm season has officially begun for those living in the Southern US and Mexico — and it’s not slated to...
Jun 9, 2022
Swimming Pool Contractors in Hot Water with Delays, Shortages, and Payment Problems
Contractors Raise Prices Over Increasing Construction Costs
Legal alerts
Appellate Court Offers Reminder: Pay-if-Paid Clauses Still Enforceable in Connecticut
Pay-if-paid clauses in construction contracts are controversial at best. While some states have enacted legislation strictly prohibiting the enforceability of...
Jun 28, 2022
Indiana: Suppliers-to-Suppliers Now Have Lien Rights
Florida Final Payment Affidavit: Appellate Court Clarifies 5-Day Timing
Viewpoints
Levelset’s Payment Professionals Community Does Louisville 2022 with NACM
Every year, the National Association of Credit Management (NACM) hosts a conference for credit and collection professionals nationwide, with great...
Jun 16, 2022
3 Key Pieces of Advice for Beginners From Veteran Construction Project Managers
Recap: Construction Credit, Cocktails & Conversation in San Antonio
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
‘Give People a Chance’: Leslie Turpin, Credit Manager of the Month
I am excited to introduce Leslie Turpin with Trench Shoring Company, Levelset’s Credit Manager of the Month for February 2022!...
Mar 17, 2022