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HUD Jumpstarts PACE Financing for Homes

Green Building Law Update

Department of Housing and Urban Development and the Department of Veterans Affairs released new guidance, changing their previous positions, now widely allowing residential Property Assessed Clean Energy (PACE) financing. a lien) that is superior to the FHA-insured mortgage for delinquent regularly scheduled PACE special assessment payments.

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Understanding the Performance and Monitoring Phase of Construction

Levelset

Every project involves planning, designing, bidding, hiring, and more — and these are all parts of stages. First, the designer or architect will start checking on the project more regularly to ensure that the actual construction meets the plan and design. Design and development. Protect & speed up every payment.

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How to Get Paid on New Jersey Public Projects

Levelset

A large amount of that funding is going to go directly to individual states, and with the state adopting new laws in 2021 that reconfigure the bidding process — along with adding the “design-build” option to the public construction process — there are plenty of opportunities for contractors across New Jersey.

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Top 5 Challenges for Construction Project Managers

Fieldwire

Patrick is the CEO at Handle.com which builds software that helps contractors, subcontractors, and material suppliers secure their lien rights and get paid faster. Time management A lot of stakeholders perceive time constraints as among the biggest issues that result in defective designs, high rates of accidents, and loss in revenue.

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The Preconstruction Phase: Understanding the Process & Risks

Levelset

Before a construction project can begin, there is a lot of planning, number-crunching, designing, and scheduling that needs to occur. An architect, designer, or design-bid contractor will perform planning and engineering services for a prospective project owner, providing them with the information they need to move forward.

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KPIs for Architects: 3 Performance Indicators to Watch

Levelset

For architects and other design firms, the break-even point is ideally expressed as an hourly rate to help guide you when you’re setting your billing rates. Depending on their role in the company, workers have a varying amount of time spent on business admin, including marketing, bookkeeping, professional development, finances, IT, etc.

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A Cash Flow Guide for Architects

Levelset

If you don’t have enough cash available for your expenses, you may need to look at some short-term financing options. For custom residential design, Gray recommends 8% to 15% of the cost of the project as the design fee , depending on the complexity and scope of work.