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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. For another, work delays from 2021 are likely to impact the risk of subcontractor default in 2022 and beyond. . Formula: (Cash and Cash Equivalents + Marketable Securities + Accounts Receivables) / Current Liabilities . Debt Ratio .

Safety 94
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Green Buildings are Subsidizing Conventional Buildings Stymying Climate Progress

Green Building Law Update

Green buildings are less risky, more profitable, with higher appraised value than conventional buildings that results in higher company creditworthiness, measuring the reduced likelihood of it defaulting on its debt, but today, green building does not receive a commensurate lower interest rate on its debt.

Green 293
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Types of Capital for Construction Businesses

Levelset

The term capital is used across industries to represent all of a company’s financial assets, including cash, inventory, equipment, and more. Several different types of capital — working capital , debt capital , and equity capital — are common in the construction industry. Debt capital. Working capital.

Debt 97
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Construction Law: May 2024

Construction Law

News Our regular news round up includes a survey saying collaboration is on the rise; Network Rail promises a partnering approach in its new framework; and a warning that carbon reduction policy risks legal challenge. Arbitration Restructuring versus arbitral awards – will the debt survive?

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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 shifting of risk and liabilities is a very common practice when drafting contracts.

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4 Factors Underwriters Consider When Issuing a Construction Bond

Levelset

However, larger projects come with greater risks and additional challenges. Large, multi-year projects are also more likely to face risks from potential economic changes, supply chain issues, and other unforeseen pressures that can threaten them. The construction industry has one of the highest rates of business failure.

Risk 52
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Construction Business Owner Blogs

Construction Business Owner

Industry News. Industry Statistics. One of my favorite parts of this job is getting to talk with professionals in the industry who work with contractors for a living. These are risk takers, men and women who are driven to hustle and make a profit—not the sitting still type. Equipment Management. Resource Center.