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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

For another, work delays from 2021 are likely to impact the risk of subcontractor default in 2022 and beyond. . Formula: (Cash and Cash Equivalents + Marketable Securities + Accounts Receivables) / Current Liabilities . Accounts Receivable Turnover . Formula: Revenue / Accounts Receivable . Gross Profit Margin .

Safety 94
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Maryland Enacts New Environmental Laws in 2020

Green Building Law Update

Savvy players in the environmental industrial complex will find business opportunities to lead and profit in environmental matters, including opportunities advantaged by these newly enacted laws. HB 1029 / SB 224 alters the allocation of funds for the Clean Energy Account within the Maryland Employment Advancement Right Now program.

Maryland 156
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Maryland Enacts New Environmental Laws in 2020

Green Building Law Update

Savvy players in the environmental industrial complex will find business opportunities to lead and profit in environmental matters, including opportunities advantaged by these newly enacted laws. HB 1029 / SB 224 alters the allocation of funds for the Clean Energy Account within the Maryland Employment Advancement Right Now program.

Maryland 156
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Texas ‘Retainage’ vs. ‘Reserved Funds’: What’s the Difference & Why it Matters

Levelset

Given the slim profit margins on construction projects, retainage practices can be incredibly frustrating for contractors. In 2021, Texas enacted some sweeping changes to the mechanics lien process effective on projects where the original contract was entered into on or after January 1, 2022. Notice of Claim for Unpaid Retainage.

Texas 52
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BuildTools Provides the Solution for Managing Demanding Clients

Pro Builder

Wed, 03/24/2021 - 10:39. There is no need to call up the home builder or project manager or negotiate based on false claims or unclear information, and no nasty surprises when it comes time to hand off the keys. Simplify the process and maximize profit . BuildTools Provides the Solution for Managing Demanding Clients.

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The Best Way for Trade Contractors to Stay Out of the Courtroom

Pro Builder

Tue, 07/20/2021 - 07:00. That’s because abundant clarity means both parties know exactly what they are accountable for. . Not if You Follow These 8 Steps to Make Trades Profitable. . In a contract, abundant clarity means both parties know exactly what they are accountable for. Karalynn Cromeens. Labor Woes?

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40 Under 40: Champions of Construction 2021

Autodesk Construction Cloud

The people who continue to see opportunity where others see challenge, and should be recognized for a job well done in 2021. Narrowing the list down is not a task we take lightly, and I’m proud to share Autodesk’s 2021 40 Under 40: Champions of Construction. 40 Under 40: Champions of Construction 2021. Nima Jafari , Amazon.