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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

For one thing, circumstances can change quickly in today’s uncertain construction industry. FINANCIAL RATIOS: DEBT . Debt Ratio . Debt Ratio measures the extent of a company’s leverage. It can be used to determine the proportion of a company’s assets that are financed by debt. Debt-to-Equity .

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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. They barely even mentioned that they could file a bond claim, and that this is commonly even referred to as a lien.

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Does a Lien Affect Your Credit Score?

Levelset

There are several different types of property liens , which are legal claims against the property held by a debtor. Contractors and other businesses in the construction industry can file a mechanics lien if they aren’t paid for their work – even if they weren’t hired directly by the property owner. Preventing mechanics lien claims.

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Demand Letter: How An Attorney Letter Can Help You Get Paid

Construction Law Monitor

In the legal and collection industry we call this document a demand letter, but in most other circles its simply known as an “attorney letter.” Recouping of attorneys fees can make or break whether a claimant chooses to go after a bad debt. Construction Claims- Who Do You Sue? ” La R.S. Related articles.

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Digital Builder Podcast Ep 22: How Specialty Contractors Can Navigate Contracts & Get Paid On Time

Autodesk Construction Cloud

The difference between secured and unsecured debts. A contract should really be a tool to help everyone in the construction industry; it doesn’t have to be this monster document that you just hold your nose, sign, and hope for the best.” .” The construction industry runs on credit. You are owed a debt.

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Energy Innovation: Solar Energy Solutions Continue to Gain Momentum

Pro Builder

“Fossil fuel people are starting to diversify, getting on the bandwagon with other energy sources,” says Jack Armstrong, a board member at Team Zero (formerly the Net Zero Energy Coalition), a group of industry stakeholders collaborating to bring broad industry-led national awareness of zero energy buildings. .

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Demand Letter: How An Attorney Letter Can Help You Get Paid

Construction Law Monitor

-->. In the legal and collection industry we call this document a demand letter, but in most other circles its simply known as an “attorney letter.” Recouping of attorneys fees can make or break whether a claimant chooses to go after a bad debt. Construction Claims- Who Do You Sue? ” La R.S. Related articles.