Construction Financial News

The latest construction industry news, payment trends, and financial insights.

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Texas Relaxes Plumbing Contractor Licensing Rules Amid Weather Emergency

As record-breaking cold temperatures continue to sweep Texas, power outages and frigid temperatures are causing plumbing pipes to break across the state. In response, Governor Abbott announced a relaxing of...

Feb 20, 2021

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Problem projects
St. Paul Hotel Project Dealt $4.4M in Liens After Arson Destruction

A multimillion-dollar hotel construction project in downtown St. Paul, Minnesota, faced multiple unpaid construction work claims totaling $4.4 million after...

Feb 12, 2021


Duke Energy’s Rambler Solar Project Faces a $4.48M Unpaid Construction Claim

Texas: $1.16M in Construction Liens Placed Against Aloft Waco Baylor Hotel

Industry trends
Texas Relaxes Plumbing Contractor Licensing Rules Amid Weather Emergency

As record-breaking cold temperatures continue to sweep Texas, power outages and frigid temperatures are causing plumbing pipes to break across...

Feb 20, 2021


Sunergy Bankruptcy Highlights Risk During Solar Construction Boom

The 10 Biggest Construction Payment Stories of 2020

Legal alerts
State Bill Brings Possible Changes to Florida Construction Payment Laws

Florida State Bill 622 was introduced in mid-January of 2021 by Senator Keith Perry. If enacted, this bill would make...

Feb 18, 2021


Kentucky: Payment Claim Rejected After Untimely Change Order Notice

NY Court Upholds Verbal Change Order Claims

 
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 more
Professional profiles
The Credit Team at Coburn Supply’s Shares their Keys to Success in Collections

Jay Hissong approaches every workday with positivity and perseverance. Hissong is a credit analyst at Beaumont, Texas-based Coburn Supply Co....

Oct 8, 2020


Credit Analyst Talks Customer Relationships: “It’s a marriage”

9 Construction Lawyers Give Scary Advice for Contractors to Survive Coronavirus

Largest liens filed in the past 30 days
Avara Construction Inc
Rating 5.0
B
Payment Score
81 / 100
View
Esplanade Builders Inc
Rating 5.0
B
Payment Score
84 / 100
View
Exxel Pacific
Rating 5.0
C
Payment Score
59 / 100
View
Van Acker Construction
Rating 5.0
B
Payment Score
82 / 100
View
DeSola Capital Group
Rating 5.0
A
Payment Score
90 / 100
View
OfferPad LLC
Rating 5.0
A
Payment Score
89 / 100
View
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