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7 Things Contractors Need to Know About Retainage

Fieldwire

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. Retainage can cause a cash flow burden for contractors, especially subs at the bottom of the payment chain.

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. INSURANCE |. General Management. People Management. Equipment Management. Data Security in the Cloud » Collaborating on Cash flow. Bad or outdated information is probably one of the biggest reasons cash flow issues occur. Technology for Collaboration & Cash Flow.

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. INSURANCE |. General Management. People Management. Equipment Management. While there are numerous reasons to change software applications, there are two that regularly come up in our discussions with prospective clients: cash flow control and project cost control. STRATEGY |.

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. INSURANCE |. General Management. People Management. Equipment Management. There’s a lot I could say here, but mostly, I just want to wish everyone a very Merry Christmas and a Happy New Year from everyone at Foundation Software. Committing Intentional Project Communications. foundation.

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Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

MANAGEMENT |. INSURANCE |. General Management. People Management. Equipment Management. Many State and Federal projects require a contractor to be bonded. In a way, a surety bond is like insurance; it is a three-part agreement between the contractor, the organization requiring the bond (e.g.

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. INSURANCE |. General Management. People Management. Equipment Management. For example, you might require project management, but if you do a quick search, you’ll find there are numerous project management solutions that range from simple to complex. construction management.

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. INSURANCE |. General Management. People Management. Equipment Management. Collaborating on Cash flow » The Year of Mobile Technology? Committing Intentional Project Communications. Better Project Management through Better Communication. construction management.

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