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. Case in point, ensuring appropriate lien notices are filed on time requires tight correspondence between these departments, and delays can result in lost revenue for the business.

Project Management 98

Project Management Management Construction Budgeting 98

NH Construction Law

FEBRUARY 25, 2023

The idea is that the loan disbursements should pay only for properly completed work (or suitably stored materials on site), and the inspector better able than the homeowner/borrower to gauge this.

Banking 40

Banking Inspections Construction Lien 40

Levelset

AUGUST 15, 2022

Additionally, Dudley notes that she sees an issue with companies lacking credit approval policies and processes as well as failing to take advantage of credit reports, saying that, often, many companies are not proactive enough: “They have no idea who they are doing business with until something goes wrong.”.

Construction 52

Construction Lien Contractors Management 52

Chianelli Estimating

JANUARY 30, 2020

It is best to have an idea of what an item will cost when proposals are received to guard against over paying or in determining if the proposal cost is too low. Developing a well-planned estimate, including soliciting multiple bid proposals for materials and subcontractor work, will help ensure the estimates accuracy.

Estimating 78

Estimating Construction Bidding Bankruptcy 78

Levelset

FEBRUARY 10, 2022

Preconstruction is the initial stage of a construction project where an idea starts to become a reality. While neither of these is final, they do provide the customer with an idea of how much the project will cost and when they can expect compilation. Keep reading to learn more about this early stage involved in every project.

Risk 52

Risk Feasibility Bidding Budgeting 52

Levelset

AUGUST 5, 2022

With anything, the idea is often scarier than just doing it. Most architects start their own firms because they want to spend more time being creative and expressing their design ideas. If your clients are slow to pay (a common problem in construction), you need to know your legal rights, including the right to file a mechanics lien.

Architecture 52

Architecture Cash Flow Income Lien 52

HardHatChat

SEPTEMBER 22, 2009

Of course there are some documents, such as lien waivers, and those that require a notary that still call for originals. If you have more ideas for decreasing operating costs, I’d love to hear them. It all adds up. These do need to be sent through the mail, but all other correspondence can be filed online. Bill Di Santo.

Commercial 120

Commercial Documentation Construction Project Management 120

Construction Marketing Ideas

APRIL 5, 2014

Now, the story will shift to possible amendments to the Construction Lien Act. The second story relates to an initiative to create a self-regulatory organization for the skilled trades.

North Carolina 66

North Carolina Union Construction Lien 66

Levelset

SEPTEMBER 28, 2022

Aimed at anyone in the construction industry, this podcast has big ideas for workers and companies looking to better serve their customers. The Lien Zone. With monthly episodes covering every aspect of technology, this group of nerds has big ideas for reshaping construction. Where to listen : Apple Podcasts. The ConTechCrew.

Construction 52

Construction Schedule Safety Industrial 52

Levelset

MARCH 31, 2022

If a contractor doesn’t receive payment, they can’t go after the insurance company – but they do have the right to file a mechanics lien on the owner’s property. While a contractor should never represent themselves as an insurance adjuster – or even act like one – it is a good idea to review the insurance appraiser’s estimate.

Insurance 93

Insurance Deals Contractors Claims 93

Levelset

APRIL 1, 2022

When a contractor bids a job, they should have a relatively solid idea of how much materials or equipment might cost them based on the current market. This can quickly develop into a payment dispute, and that dispute can result in a mechanics lien against the property or litigation. Learn more about cash flow in construction.

Site 52

Site Cash Flow Insurance Construction 52

Construction and Infrastructure Law

JANUARY 17, 2018

So the idea went out of fashion. But maybe it is time to revisit the idea. While the construction company’s management was great at operating the construction business, it was not so great when it came to the financing business. Samsung C & T and AECOM have successfully invested through an affiliated financing arm.

Equity 40

Equity Contractors Finance Construction 40

Contractor Bookkeeping

JANUARY 2, 2015

The idea was you would do all the work they would get half the profits and you politely refused, or not? Lien Waiver - Do not ever give a lien waiver in advance of the check clearing the bank. All 50 states have lien laws that provide contractors with some limited protection against customers that refuse to pay.

Construction 48

Construction Insurance Accounting Claims 48

Contractor Bookkeeping

JUNE 18, 2013

Three Steps To A Paradigm Shift: #1 Unfreeze - Being open to a new idea that is in agreement with your core values. #2 Sales tax liens against contractors twenty two times higher than any other business. Others will experience nothing. Whatever is in your best interest will occur. Education is the foundation for shifting paradigm.

Cash Flow 48

Cash Flow Construction Change Orders Contractors 48

Contractor Bookkeeping

OCTOBER 4, 2013

Three Steps To A Paradigm Shift: #1 Unfreeze - Being open to a new idea that is in agreement with your core values. #2 Sales tax liens against contractors twenty two times higher than any other business. There are links to other resources included in this article and it is put together in the order of importance.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Contractor Bookkeeping

FEBRUARY 28, 2014

There Are Three Steps To The Contractor Paradigm Shift: #1 Unfreeze - Open the portals of your mind and be open to new ideas and test them to determine if they are in agreement with your core values. #2 Sales tax liens against contractors twenty two times higher than any other business. Poor scheduling affects production and cash flow.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Buisness Facilities Contributed Content

MARCH 21, 2014

The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. The SBA takes a second lien on assets and finances up to 40 percent of the project cost, up to $1 million in some cases. Borrowers inject 10 percent in the form of cash or equity in real estate.

Income 75

Income Finance Zoning Equipment 75

Buisness Facilities Contributed Content

APRIL 15, 2014

Client companies are connected with industry-specific experts who are on the leading edge of technology and new ideas. COMMONWEALTH SEED CAPITAL, LLC (CSC): An independent, non-profit fund that makes debt or equity investments in early-stage Kentucky business entities to facilitate the commercialization of innovative ideas and technologies.

Income 108

Income Finance Zoning Employment 108

Building Information Management

JUNE 22, 2012

o Work with contracting personnel to: • Obtain lien waivers/release of liens if required. • Issue final payment. • Create budget variance report. o Obtain certificate of occupancy. o Accept beneficial use. o Commission the project. o Review lessons learned. Tra ining. Management etc.

Management 45

Management Contract Sustainability Life Cycle 45