Construction Financial News
The latest construction industry news, payment trends, and financial insights.
Featured story
The Foreclosure Moratorium is Set to Expire — Should Residential Contractors Be Worried?
Residential contractors have seen a major boom in home construction projects during the COVID-19 pandemic, but the looming deadline for two government programs could significantly increase financial risk in the...
Aug 5, 2021
Recent stories
Does Pennsylvania’s Prompt Payment Act Apply to Mixed-Use Projects?
Most states have enacted their own version of prompt payment laws to ensure contractors get...
Sep 16, 2021
Alaska: Disagreements Over Scope of Work, Accusations of Wrongful Termination Lead to $1.1 Million Miller Act Claim
Following a number of disputes over scope of work, allegations of delays, and ultimately a...
Sep 16, 2021
Subscribe to get notified of latest news
News and stories by topic
Problem projects
Alaska: Disagreements Over Scope of Work, Accusations of Wrongful Termination Lead to $1.1 Million Miller Act Claim
Following a number of disputes over scope of work, allegations of delays, and ultimately a claim of wrongful termination, Alaska...
Sep 16, 2021
Construction Dispute Over Reno Student Housing Facilities Leads to $400K Lien Claim in Federal Court
California: PERI Formwork Systems Files $408K Claim Over Missing Concrete Formwork, Construction Nonpayment
Industry trends
Bankruptcy of Michigan Hotel in ‘Construction Limbo’ Showcases Continuing Struggles of Hospitality Industry
The hospitality industry is looking forward to major upturns in 2021, with some projecting a $25 billion revenue increase from...
Sep 14, 2021
Unlicensed Construction is Leading to Fraud Charges. How Can Consumers and Contractors Both Get Protection?
Lumber Prices Drop Below Pre-Pandemic Rates: What Should Contractors Know About the Material Climate?
Legal alerts
Does Pennsylvania’s Prompt Payment Act Apply to Mixed-Use Projects?
Most states have enacted their own version of prompt payment laws to ensure contractors get paid in a timely fashion...
Sep 16, 2021
Illinois Claimants Must Be Prepared When Faced With a Demand to Enforce
Florida: Effect of Subcontract Venue Selection on Payment Bond Claims
Viewpoints
Construction Professionals Weigh in on Crucial Texas HB2237 Revisions
During 13 years in the Texas construction industry as a credit manager, I remained focused on the importance of networking,...
Jun 2, 2021
A CPA Explains PPP Loan Forgiveness for Construction Businesses
What New Jersey considers “Essential Construction Projects” during COVID-19
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