Finance

De-Risk Construction Bids

Here are five tips to help general contractors and developers bidding for big projects reduce their exposure to risk by successfully navigating this perilous process and laying the groundwork for more successful bids.

FAR Goes Beyond the A/E Firm to Affect Contractors

by Michelle Johnson, Robert Mercado | Nov 3, 2021
Accounting | Business | Contracts | Finance

Contractors that understand the complexities of working with government entities can have profitable opportunities. The key identifying allowable and unallowable costs, which will assist in maximizing the overhead rate.

Cost Reduction Strategies for Major Excavation Projects

by René Morkos | Oct 27, 2021
Commercial | Finance | Infrastructure | Markets

Wielded properly, today’s tools boost construction efficiency and performance, while minimizing onsite challenges and risks—a solid foundation of savings for general contractors and developers.

Six Trends Impacting the B2B Payment World in 2021

by Josh Cyphers | Oct 26, 2021
Business | Business Development | Finance

Clear patterns in B2B payments have emerged since the pandemic began and are likely to unfold in the next year. These are some of the trends taking the driver’s seat in payment automation.

Live Field Data for Safety Reduces Risk and Costs

The use of live field data can decrease unnecessary risks by empowering workers to report safety concerns, enabling management to share safety information in real time.

Six Tax Planning Opportunities for Construction Contractors

Many tax provisions were implemented under legislation aimed to help businesses and individuals deal with the COVID-19 pandemic and its ongoing economic disruption. Here are some strategies to consider.

Contractor’s Defense of Premature Miller Act Payment Bond Claims

by James McLaughlin, Brian A. Wolf | Oct 16, 2021
Contracts | Finance | Legal and Regulatory | Surety Bonding

On federal projects, subcontractors can make a payment bond claim if the contractor fails to pay them. However, a contractor’s surety cannot rely on a conditional payment clause to defend against the claim.

ELFA 2021 Survey of Equipment Finance Activity Reveals New Business Volume Declined 7% in 2020

by Equipment Leasing and Finance Association | Oct 11, 2021
Business | Economy | Equipment | Finance

2020 marked the first time in a decade that businesses decreased their overall spending on capital equipment, according to the SEFA. However, the 7% decline was less than the double-digit drop expected by the COVID-19 pandemic.

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De-Risk Construction Bids

FAR Goes Beyond the A/E Firm to Affect Contractors

Cost Reduction Strategies for Major Excavation Projects

Six Trends Impacting the B2B Payment World in 2021

Live Field Data for Safety Reduces Risk and Costs

Six Tax Planning Opportunities for Construction Contractors

Contractor’s Defense of Premature Miller Act Payment Bond Claims

ELFA 2021 Survey of Equipment Finance Activity Reveals New Business Volume Declined 7% in 2020

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