Construction Financial News
The latest construction industry news, payment trends, and financial insights.
Featured story
1,001 Women in Construction Speak Out About the Industry
The construction industry is not typically associated with women, who accounted for just 10.9% of industry employment as of last year. But with 7.4 million total workers in the building...
Mar 8, 2021
Recent stories
New Jersey Material Supplier Sues Bankrupt Contractor to Prevent Loss of $1.1M in Debt
In response to a bankruptcy filing from the president of a New Jersey construction firm,...
Apr 12, 2021
Picketing Contractors an Eyesore for Ohio Optometry Practice
Two noted residents of Hamilton, Ohio — former mayor Dr. Tom Nye, and former Hamilton...
Apr 12, 2021
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Problem projects
Boston-Area Prefab Condo Project Faces Flood of Controversy & Construction Disputes
After a flood left a brand-new Quincy, Massachusetts apartment building with over $250,000 in damage — and sent its new...
Apr 9, 2021
Florida: $23+ Million in Construction Debt at JW Marriott Tampa Water Street
Seattle-based Boom Boys Sue Alaska GC to Recover Crane & $580K in Rental Fees
Industry trends
4 Contractors Across Florida Declare Bankruptcy in March 2021
The month of March was anything but welcoming for at least four contractors spanning coast to coast across the Sunshine...
Apr 1, 2021
The 8 Biggest Challenges Women Say They Face in Construction
10 Things Women Love About Working in Construction
Legal alerts
Washington Court Confirms Warranty Work Doesn’t Extend Lien Deadlines
Mechanics liens are an extraordinary and unique remedy for contractors to get paid what they’ve earned. Given how powerful this...
Mar 24, 2021
Colorado: Proposed Bill Would Limit Retainage on Private Projects
Determining the Prevailing Party for Attorney Fees in Florida
Viewpoints
A CPA Explains PPP Loan Forgiveness for Construction Businesses
When the SBA rolled out the Paycheck Protection Program (PPP) at the onset of the pandemic, they provided forgivable loans...
Jan 5, 2021
What New Jersey considers “Essential Construction Projects” during COVID-19
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
“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