Business Risk

Don’t Be a Casualty of the COVID-19 Recession

Understanding cash needs, making cuts for efficiency, focusing on the best projects and protecting lien and bond claim rights can help contractors fend off the recession’s financial risk.

Addressing Cash Flow and Credit Impacts Related to COVID-19

Financial planning and projections will ensure a contractor’s compliance with banking requirements, maximize surety credit, as well as ensure growth and stability for future projects and profits.

Four Qualities Lenders Look for in General Contractors When Assessing Construction Risk

by Scott A. Cameron | Mar 25, 2020
Business | Business Risk | Risk | Risk Management

There are four essential qualities lenders look for in general contractors when assessing risk in construction projects: document accuracy, responsiveness to questions, honesty and focus on area of expertise.

Coronavirus and the Construction Industry: How to Handle an Inevitable Delay

COVID-19 may affect construction materials and labor. Now’s the time to check contract language and supplier agreements for force majeure clauses, and develop a plan in the event of a labor shortage.

Five Construction Machinery Innovations That Impact ROI

by Holly Welles | Feb 26, 2020
Business | Business Risk | Equipment | Heavy Equipment

While early versions of some inventions may have been questionable, current improvements made them reliable, safe investments. Five specific innovations that could represent a positive return on investment are hybridization, biofuels, automation, the "internet of things" and drones.

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Don’t Be a Casualty of the COVID-19 Recession

Addressing Cash Flow and Credit Impacts Related to COVID-19

Four Qualities Lenders Look for in General Contractors When Assessing Construction Risk

Coronavirus and the Construction Industry: How to Handle an Inevitable Delay

Five Construction Machinery Innovations That Impact ROI

Risks of a Robust Economy

Fidelity Bonds: Protecting Against Employee Fraud

Three Mistakes That Lose Money and Slow Payment—And How to Avoid Them

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