Every year, the National Association of Credit Management (NACM) hosts the Credit Congress & Expo, one of the best networking and educational events for credit and collection professionals. Attendees come...
During 13 years in the Texas construction industry as a credit manager, I remained focused on the importance of networking, industry credit group participation, continued education, and third-party resources to...
When the SBA rolled out the Paycheck Protection Program (PPP) at the onset of the pandemic, they provided forgivable loans that helped keep a number of struggling construction businesses afloat....
States, counties, and cities across the United States continue to implement safety precautions to slow the spread of the coronavirus outbreak (COVID-19). The coronavirus is affecting construction projects, and many...
As the coronavirus continues to affect construction projects across the United States, everyone needs to be preparing for the next few months. Construction is going to be (and has already...
Sound the alarm! Sound the alarm! The construction industry is impacted by the coronavirus. And the impact is big. Cities across the country have already begun to shut down construction....
2014 was a busy year for mechanics lien law, with significant changes either enacted or contemplated in a large number of states. Changes ranged from providing a more clear definition...
More than 200 years ago, Virginia’s most famous son invented the mechanics lien concept to protect contractors and suppliers against non-payment on construction projects. In the 2015 legislation, Virginia’s lawmakers...
Note: Louisiana’s lien and notice laws changed on January 1, 2020, so some information in this post might be outdated. You can learn what changed and what rules apply here:...
It’s unambiguous that Texas law requires a payment bond be posted for all construction projects exceeding $25,000 in value. It’s unambiguous that the new Kilgore Baseball Complex project in Kilgore, Texas...