Fieldwire

AUGUST 6, 2023

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. This can further snowball into more delays and higher costs as they try to find and fix defects or risk contractual penalties.

Project Management 98

Project Management Management Construction Budgeting 98

Levelset

MARCH 16, 2022

Financial risks to contractors during performance and monitoring. The performance and monitoring phase is essentially about minimizing risk, but the truth is that it’s one of the riskiest phases of the project. Learn how Levelset can help you easily manage your lien rights on every project to ensure your payments are always protected.

Lien 52

Lien Construction Budgeting Budget 52

Green Building Law Update

AUGUST 16, 2020

That language accomplishes next to nothing for the seller or buyer and may only serve to mitigate risk for the real estate brokers. but not all and maybe not even most) file a UCC-1 financing statement in the real estate records that puts third parties on notice to their rights in the system.

Housing 207

Housing Leases Residential Contract 207

Best Practices Construction Law

NOVEMBER 21, 2019

As you may be aware, one of the greatest risks on a construction project involves the payment process. Contractors have a means of shifting the risk of non-payment by the owner to its subcontractor by including a certain payment provisions in the subcontract agreement.

Contract 77

Contract Subcontracting Drafting Virginia 77

Levelset

JUNE 6, 2022

Peterson , a construction finance educator and author, “The retention in the retention receivable account is not collectible yet because the contractor has not earned the right to receive it.” Contractors must weigh whether to use a mechanics lien to protect their payment rights. According to Steven J.

Accounting 98

Accounting ABC Banking Liability 98

Levelset

AUGUST 15, 2022

It is possible to purchase credit reports from credit bureaus within the industry, which may say if the company has a history of paying its bill on time or not — as well as if the company has any active negative filings on its record, like mechanics liens. “I Balance that against the risk/reward philosophy of your company.”.

Construction 52

Construction Lien Contractors Management 52

Green Building Law Blog

JULY 20, 2012

Property Assessed Clean Energy (PACE) is a property assessment used to finance the upfront costs of energy efficiency upgrades. FHFA proposed a rule on PACE financing on June 15, and is available for download here. A local government provides funding, and the assessment is paid back as a line item on a property’s tax bill.

Lien 40

Lien Finance Security Regulation 40

Levelset

OCTOBER 19, 2022

When a property owner wants to finance the construction of a new building, they typically have to obtain two loans: one loan for the mortgage on the completed home, and another for the land purchase and construction expenditures. Contractor risks with a construction-to-permanent loan. What is a construction-to-permanent loan?

Contractors 98

Contractors Lien Construction Finance 98

Autodesk Construction Cloud

DECEMBER 18, 2021

Risk assessment is the fifth step and requires you to identify potential risks or liabilities that could arise in the future. Any time the critical documents you need are in an easy to lose, easy to destroy format like paper, you take on risk. Step 5: Risk Assessment. Tools like Construction IQ can help.

Change Orders 52

Change Orders Documentation Equipment Risk 52

Levelset

SEPTEMBER 28, 2022

Podcasts are now an essential medium for sharing information, and experts across the construction industry share their wisdom every day with listeners interested in growing a construction business, learning about the latest construction trends and technology, and building their understanding of construction law and finance. The Lien Zone.

Construction 52

Construction Schedule Safety Industrial 52

Contractor Bookkeeping

JUNE 15, 2012

Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. No Financing - Your customer or client's project by providing a substantial amounts of labor, material, subcontractors and rental equipment hoping to get paid later on down the road. You say O.K.

Contractors 48

Contractors Insurance Claims Lien 48

Contractor Bookkeeping

JUNE 20, 2014

Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. No Financing - Your customer or client''s project by providing a substantial amounts of labor, material, subcontractors and rental equipment hoping to get paid later on down the road. You say O.K.

Insurance 48

Insurance Construction Accounting Claims 48

Autodesk Construction Cloud

MAY 5, 2023

They require flexible solutions that can keep up and make their lives easier whether they are in the office or at the jobsite. Until recently, software applications for managing the finances of construction paid little attention to anyone outside of the back office.

Office 52

Office Autodesk Accounting Project Management 52

Contractor Bookkeeping

JANUARY 2, 2015

Did You Use Your Personal Credit Cards - And supplier accounts to finance your new business and perhaps you were not careful about what you bought? Do Not Offer Financing - Your customer or client''s project by providing a substantial amounts of labor, material, subcontractors and rental equipment hoping to get paid later on down the road.

Construction 48

Construction Insurance Accounting Claims 48

Buisness Facilities Contributed Content

APRIL 15, 2014

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100 percent of the project costs. It allows for the construction of roads, bridges, etc.

Income 75

Income Finance Zoning Equipment 75

Buisness Facilities Contributed Content

MARCH 8, 2016

Beginning Entrepreneur Loan Guarantee Program: Designed to assist in business start-up financing by providing a financial institution with guaranty of a loan not to exceed $200,000. Loans may be used to finance the purchase or improvement of real property, equipment or personal property, or working capital needs.

North Dakota 40

North Dakota Income Finance Equipment 40

Buisness Facilities Contributed Content

JULY 11, 2014

Beginning Entrepreneur Loan Guarantee Program: Designed to assist in business start-up financing by providing a financial institution with guaranty of a loan not to exceed $200,000. Loans may be used to finance the purchase or improvement of real property, equipment or personal property, or working capital needs.

North Dakota 40

North Dakota Income Finance Equipment 40

Buisness Facilities Contributed Content

MARCH 8, 2016

FINANCING & GRANTS. CAP can be used with term loans or lines of credit, on financing for working capital needs, technology or facility upgrades, business startups or business expansions. Typical financing structure: 50% Bank Loan. Funds to make Loans are derived from the sale of State-guaranteed bonds.In 40% JDA Loan.

New York 40

New York Finance Products Commercial 40

Construction Lawyer

JUNE 13, 2005

In other words, you use the stuff we post here at your own risk. This document was written by the MBA Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) Loan Origination Committees Mold Working Group. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. Categories.

Illinois 40

Illinois AIA Chicago Documentation 40

Building Information Management

JUNE 22, 2012

o Utility Financing. o Risk Assessment. o Work with contracting personnel to: • Obtain lien waivers/release of liens if required. • Issue final payment. • Create budget variance report. Finance Charges(interest payments) etc. Demonstrate ability to identify quantitative and qualitative risks.

Management 45

Management Contract Sustainability Life Cycle 45