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Advise & Consult: Serious, expert legal insights for the construction industry

Construction Marketing Ideas

The Advise & Consult blog pulls together content from 23 experts in 15 states on a diversity of construction law issues. The Advise & Consult blog certainly isn’t light reading — but you wouldn’t want it to be dumbed down simple.

Legal 48
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The experts have spoken: We can and should be optimistic despite COVID-19

Lets Build

That point expressed by Dr Jan Mischke, Partner at McKinsey Global Institute, was one of the main conclusions of the virtual Town Hall on how the Coronavirus outbreak will shape the future of the construction industry. David Philp , Global BIM/IM Consultancy Director at Aecom and Head of B.I.M at UK BIM Task Force. “As

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Unique Construction Company Financing Secrets Revealed

Contractor Bookkeeping

1 Your Profit & Loss and Balance Sheet Reports do not conform to financial industry standards. #2 The RMA developed several tools among them was a system of Ratios that we use today to study financial statements of all companies in all industries. Finally a Z-Score is compiled which is a formula for predicting bankruptcy.

Finance 48
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Mechanics Lien and Bond Claims Best Practices

Best Practices Construction Law

Through the years of consulting with folks in the construction industry about mechanics lien and bond claims, I’ve unearthed a set of principles to help navigate the very complicated world of liens. The long and short of this discussion is that the industry uses the term “lien” pretty loosely.

Lien 48
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Scam Artists Are Calling Contractors Claiming To Be From The IRS

Contractor Bookkeeping

It is no secret that contractors are in an industry with a lot of cash transactions and sometimes they get busy and forget to deposit the money in the bank and properly account for it inside their contractors bookkeeping services system. These fears go a long way to helping the scammers achieve their goal. Call Sharie 206-361-3950.

IRS 48
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How To Reduce Risk On Construction Projects

ProcurementExpress.com

A huge topic of discussion in the Construction Industry consistently, is the scope of financial risk on a construction project. What can I do besides bankruptcy? To avoid the pitfalls of underfunded projects: set a realistic budget, and interview and hire the best consultants and contractors available. Improper planning.

Risk 52
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Inverted Pyramid

Business Facilities

Tax consultants have an opaque term for these get-under-the-corporate-tax-bar limbo dance moves: inversions. When Iacocca took the helm of Chrysler in the 1970s, the auto giant needed a federal bailout to avoid bankruptcy. We’ve got a better word for some of the people engaging in this unsavory practice, and it starts with a T.

NJ 46