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How to get paid as a construction contractor

Cash flow is critical for construction contractors. Learn best practices for ensuring your clients pay you and tips for ...
For Construction Pros

The Trend Toward Bright-Line Protections: State-by-State Updates Strengthen Prompt Payment Laws in the Construction Industry

Prompt payment statutes have long served as the backbone of financial fairness and predictability in the construction industry. Designed to ensure that those who perform work and furnish materials are ...
For Construction Pros

What Contractors Need to Know About Prompt Payment Statutes in Construction

Prompt payment statutes are laws enacted at the federal and state levels that set specific deadlines for payment and limit the amount of retention that can be withheld on construction projects. These ...
TechCrunch

Adaptive builds automation tools to speed up construction payments

The construction industry has a slow payments problem. Studies have found that it takes anywhere from two to three months on average for construction companies to get paid, due to factors such as ...
Power Engineering

Online project management solution streamlines payment chain from facility owner through the general contractor to the subcontractor

PHILADELPHIA, Pa., June 26, 2002 — The latest Primavera PrimeContract® release enables general contractors to save time by approving and consolidating multiple subcontractor payments into one ...