Construction Financial News
The latest construction industry news, payment trends, and financial insights.
Featured story
11 Ways President Biden Plans To Impact Construction
Every new president wants to make their mark out of the gate. They each layout an ambitious plan to take the country into a bigger, brighter future. With both the...
Jan 20, 2021
Recent stories
Minneapolis: MRI Food Halls Files for Chapter 7 Bankruptcy as Pandemic Financial Losses Plague Restaurants
On January 15, 2021, MRI Food Halls and its two Minneapolis-based restaurants filed Chapter 7...
Jan 25, 2021
Duke Energy’s Rambler Solar Project Faces a $4.48M Unpaid Construction Claim
Duke Energy’s 200-megawatt Rambler Solar Project in San Angelo, Texas, currently faces one active unpaid...
Jan 22, 2021
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Problem projects
Duke Energy’s Rambler Solar Project Faces a $4.48M Unpaid Construction Claim
Duke Energy’s 200-megawatt Rambler Solar Project in San Angelo, Texas, currently faces one active unpaid construction work claim worth over...
Jan 22, 2021
Texas: $1.16M in Construction Liens Placed Against Aloft Waco Baylor Hotel
Mechanics Liens Worth Over $2M Placed on Tampa Fulfillment Center
Industry trends
The 10 Biggest Construction Payment Stories of 2020
The coronavirus pandemic was obviously the dominant storyline of 2020, but it wasn’t the only news that construction businesses were...
Jan 22, 2021
11 Ways President Biden Plans To Impact Construction
Beer Company Bankruptcies List Dozens of Construction Creditors
Legal alerts
2021 Law Changes: What Affects California Residential Contractors?
As a new year begins, it’s time to take note of any new legislation that may affect your business. In...
Jan 18, 2021
Massachusetts Prompt Payment Laws Are Strictly Enforced
Florida Contractors: Watch these construction laws in 2021
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
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