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Restoration: How to Manage Cash Flow While Waiting for an Insurance Check

Levelset

Even though the insurance company isn’t your customer, the property owner may be depending on that insurance check to pay for your work. To cover these expenses, restoration contractors need to manage their cash flow to ensure they have enough money in the bank — especially when the insurance company is dragging their feet.

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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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Lawyers' Opinions in Green Building Transactions

Green Building Law Update

The size and nature of a transaction may well affect the scope of the opinion requested and in larger traditional mortgage financing as well as bond financing, lenders attribute increased value in the security being provided for loans when a building is LEED certified or the like. a mortgage) a green building.

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What You Need to Know To Get a Surety Bond as a New Contractor

Constructonomics

Unfortunately, new contractors are often unfamiliar with the bonding process, which includes undergoing finance and credit checks, providing upfront collateral, and paying issuance fees. Being aware of bonding regulations within the construction industry can help a new contractor keep on track. Construction bond regulations.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Accounting & Finance. Compliance/Regulations. I would like to share the following tips to use before approaching the bank(s) or other financial institutions for additional financing, and some non-bank financing options. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. Construction Law.

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Army Job Order Contracts FAIL to meet AFARS requirements MOST OF THE TIME

Job Order Contracting

Army Job Order Contracting per GENERAL SERVICES ADMINISTRATION DEPARTMENT OF THE ARMY, ARMY FEDERAL ACQUISITION REGULATION SUPPLEMENT ( AFARS ) Subpart 5117.90 – Job Order Contracts 5117.9000 Scope of subpart. 1 Revised August 4, 2022 5117.9004 DOD FEDERAL ACQUISITION REGULATION SUPPLEMENT 5117.9004 Procedures. d) Distribution.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Accounting & Finance. Compliance/Regulations. This, after all, is the foundation of the insurance industry. And risk can be a profit center, since insurance companies obviously make money. So what do construction and insurance companies have in common? MANAGEMENT |. ACCOUNTING |. SOFTWARE |.

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