Business
Contractors Can Do Better Than 'Back to Normal' in 2021
Before coronavirus, “normal” meant waiting an average of 80+ days for payment, needing to withhold retainage payments to pad their own pockets and other difficult situations. This year, contractors should set the bar higher than normal.
By Scott Wolfe Jr.
January 4, 2021
Topics
Business
by Scott Wolfe Jr.
Scott Wolfe Jr. is the CEO of Zlien, a company that provides software and services to help building material supply and construction companies reduce their credit risk and default receivables through the management of mechanics lien and bond claim compliance. He is also the founding author of the Lien Blog, a leading online publication about liens, security instruments and getting paid on every account and the Construction Finance Journal. Scott is a licensed attorney in six states with extensive experience in corporate credit management and collections law, with a specific emphasis on utilizing mechanic liens, UCC filings and other security instruments to protect and manage receivables. You can connect with him via Twitter, LinkedIn and Google+ See more at http://www.zlien.com.
Related stories
Business
ABC Names 2025-2026 Tech Alliance Members
By ABC
The 2025-2026 members of the ABC Tech Alliance, which helps spur digital innovation across the industry, are revealed.
Business
Construction Materials Prices Up 0.2% in August, Driven by Iron and Steel
By ABC
Things are looking up—construction materials prices, that is, and iron and steel are mainly to blame.
Business
Nonresidential Construction Spending Falls Sharply in July
By ABC
Private nonresidential construction spending declined in July, but the public nonresidential sector saw improvements.