Fieldwire
AUGUST 14, 2023
Construction is one of the hardest industries to manage cash flow in, with contractors often facing large up-front costs and frequent, long delays between expenses and payment. The basics of retainage Retainage, also called retention, is an amount withheld from the contractor until a later date.
NH Construction Law
MARCH 26, 2023
When a general contractor or lower tier subcontractor or supplier records a mechanic’s lien attachment on property, security for the lienor’s hoped-for judgment is achieved – but often something more, and perhaps unintended, is achieved. v Calamar Construction Management, Inc. Eclipse Construction, Inc. ;
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Levelset
MARCH 24, 2022
Many Utah contractors are familiar with the construction lien process to secure payment for work or materials used in a building project. Utah actually gives them a similar payment tool, known as a preconstruction lien. However, the steps to claim one differ from the standard construction lien process. construction liens.
Wolgast Corporation
NOVEMBER 28, 2022
Liens Can Wreak Havoc on Funding. If you haven’t built a building in the last couple of years, you may be surprised when your banker tells you that they want to hire a Title Company to handle all of your payments to not only the General Contractor, but also directly to the General Contractor’s second tier Sub-Contractors.
Levelset
MARCH 21, 2022
Restoration contractors can spend a lot of time waiting for payment. To cover these expenses, restoration contractors need to manage their cash flow to ensure they have enough money in the bank — especially when the insurance company is dragging their feet. 5 tips to manage cash flow on a restoration project.
Levelset
FEBRUARY 11, 2022
Contracts are almost never paid up front, so contractors provide labor, materials, and equipment on credit with their customers. If your company uses QuickBooks – one of the most popular entry-level accounting platforms for contractors – you already have built-in tools that can help you manage, track, and report on their accounts receivable.
Fieldwire
AUGUST 6, 2023
In this guest blog post for Fieldwire, Patrick Hogan explains five common challenges project managers face on construction projects. Patrick is the CEO at Handle.com which builds software that helps contractors, subcontractors, and material suppliers secure their lien rights and get paid faster.
Expert insights. Personalized for you.
98 
Let's personalize your content