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What is Retainage in Construction?

Lets Build

Almost every construction professional faces the same problem – cash flow. Large upfront costs and long waiting periods between payments are a normal occurrence; retainage adds to this cash flow problem for contractors and project managers. Retainage percentages and negotiations.

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Construction quality management: Everything you need to know

Lets Build

It’s a curious paradox that few industries are as tightly regulated and controlled as the construction sector, yet at the same time, few industries are as vulnerable to unexpected events. From ambient weather to subcontractor failures, construction projects can be derailed in numerous ways. What is construction quality management?

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Construction Business Owner Blogs

Construction Business Owner

General Management. People Management. Compliance/Regulations. 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 Bad or outdated information is probably one of the biggest reasons cash flow issues occur.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

General Management. People Management. Compliance/Regulations. 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. Back to Cash Flow.

Cash Flow 120
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Business Intelligence for Construction is On the Rise & It’s Obvious Why Contractors are Loving It

Viewpoint Construction Technology

Each project carries a significant amount of risk including countless safety issues, stringent regulations or contractual obligations, weather delays, lack of qualified labor, subcontractor performance and inconsistent cash flows, just to name a few. There has to be a better way!

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Why Projects Fail

Job Order Contracting

Project Management Constraints. P roject Failure – A project becomes a failure when it does not deliver what was required within the agreed-upon budget and time, to the dissatisfaction of one or more participants.No matter how well-planned your project is, lack of visibility can lead quickly to failure.

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Construction Business Owner Blogs

Construction Business Owner

General Management. People Management. Compliance/Regulations. 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. Job Cost & Cash Flow.

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