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Former Arkansas construction exec sentenced to 3 years prison for bank fraud

Construction Dive

submitted fake invoices to his bank in order to be able to draw on a business line of credit. Matthew Beasley, former president of contractor Cobas Inc.,

Banking 59
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What Every Business Owner Should Know about Design-Build Construction

Wolgast Corporation

General Construction for a long time was the primary method of delivering construction. Even Wolgast in the early years was a one-trick pony with General Construction being our only option. The needs of busy business people who didn’t have much knowledge about construction drove the creation of the Design-Build delivery method.

Design 62
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#122:  Construction Loan Disbursement Pitfalls

NH Construction Law

A common feature of residential construction loans is the requirement for periodic inspections of the progress of work, usually by an independent inspection company hired by the bank, before disbursements are made. New Hampshire Savings Bank , 131 N.H. New Hampshire Savings Bank , 131 N.H. REI Service Corporation , No.

Banking 40
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Fire at Arizona Energy Storage Battery Bank Draws Scrutiny

ENR Construction

Questions are still awaiting answers as Arizona Public Service Co. investigates the cause of an explosion April 19 in a 2-MW/2-MWh grid-connected energy-storage battery facility in Surprise, Ariz.

Arizona 42
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Baltimore Venue Gets Sustainable Upgrade

ENR Construction

The CFG Bank Arena renovation is enabling the 60-year-old structure to draw national acts such as Bruce Springsteen.

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What Will Construction Look Like In The Future?

Construction Marketing

The construction industry is undergoing a period of radical change. For both mature and growing economies, the construction industry provides important links with other sectors to boost economic growth. It also enables the building owners to make sound decisions before, during and after construction. Using Robots For Efficiency.

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#130:  Secured Lenders' Rights to Construction Contract Payments

NH Construction Law

If the construction project is not yet complete, this puts the recipient of the notice in a quandary: paying the lender instead of the general contractor or subcontractor will likely induce a cessation of the work. .” Reading Cooperative Bank v. Suffolk Construction Co. , 543, 553, 984 N.E.2d