Markets

How the Government Shutdown Affects Small Construction Contractors

One of the immediate effects of the shutdown is that construction companies working for government bodies may have to pause projects and wait for due payments until the deadlock passes.
By Vic Lance
January 13, 2019
Topics
Markets
by Vic Lance
Vic Lance is the founder and president of Lance Surety Bond Associates. He is a surety bond expert who helps contractors get licensed and bonded. Vic graduated from Villanova University with a degree in Business Administration and holds a Masters in Business Administration (MBA) from the University of Michigan’s Ross School of Business.

Related stories

Markets
Closeout: Secret Hideout Cover Art

Closeout: Secret Hideout

By Construction Executive
The Wilderness Treehouse Cabins in the Wisconsin Dells are a childhood dream brought to life.
Markets
Low Cost, High Risk: Don't Cut Corners When It Comes to Construction Materials Trade Cover Art

Low Cost, High Risk: Don't Cut Corners When It Comes to Construction Materials Trade

By Scott Berman
Artificially discounted construction equipment and materials from China have been a proverbial siren song to contractors facing increasing input costs, but there can be dire problems and unseen costs.
Markets
Nonresidential Construction Spending Down 0.2% in December; Data Centers and Manufacturing Make Up 94% of Spending Increase in 2024 Cover Art

Nonresidential Construction Spending Down 0.2% in December; Data Centers and Manufacturing Make Up 94% of Spending Increase in 2024

By ABC
Nonresidential construction spending was down again in December, primarily in the public sector.

Follow us




Subscribe to Our Newsletter

Stay in the know with the latest industry news, technology and our weekly features. Get early access to any CE events and webinars.