Construction Financial News
The latest construction industry news, payment trends, and financial insights.
Featured story
Miami Sees Spike in Construction Disputes and COVID-19 Cases
In June 2020, 257 mechanics liens were filed in Miami, FL totaling $43.4M in unpaid construction debt, according to liens filed with the Miami-Dade County clerk’s office. The average lien...
Jul 29, 2020
Recent stories
Microsoft Owes Contractors $70M+ for Construction on Columbia Data Center
With more construction taking place at the massive Microsoft data center in Quincy, WA, at...
Sep 18, 2020
Illinois Court Says Claimants Can File Lien Within 10 Days of Notice
Properly securing, perfecting, and enforcing mechanics lien rights can be a complicated and daunting task,...
Sep 18, 2020
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Problem projects
Microsoft Owes Contractors $70M+ for Construction on Columbia Data Center
With more construction taking place at the massive Microsoft data center in Quincy, WA, at least seven contractors have already...
Sep 18, 2020
Contractors Still Owed $1.7M After Arsonist Burned NJ Apartment Projects
The Baker Museum in Naples, FL Still Owes $2.5M for Renovation
Industry trends
The 10 Biggest Construction Companies in the U.S.
Wondering about the big dogs in the American construction industry? Here are the 10 biggest construction companies in the US,...
Sep 14, 2020
Survey: GCs 2x More Likely Than Subs To Get Paid On Time
What New York considers “essential construction” during COVID-19
Legal alerts
Illinois Court Says Claimants Can File Lien Within 10 Days of Notice
Properly securing, perfecting, and enforcing mechanics lien rights can be a complicated and daunting task, specifically when it comes to...
Sep 18, 2020
CA Property Owner Liable for Tortious Interference with Subcontract
Attorney Fees Unavailable for Florida Junior Lienholders in Foreclosure
Viewpoints
What New Jersey considers “Essential Construction Projects” during COVID-19
States, counties, and cities across the United States continue to implement safety precautions to slow the spread of the coronavirus...
Apr 13, 2020
Construction & Coronavirus: 8 Contract Clauses That Could Sink You
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
9 Construction Lawyers Give Scary Advice for Contractors to Survive Coronavirus
Sound the alarm! Sound the alarm! The construction industry is impacted by the coronavirus. And the impact is big. Cities...
Mar 18, 2020