ABC Greater Tennessee Requests Academy Funding
The ABC Greater Tennessee Chapter has requested $1 million to fund a new trade skills academy.
Take Control of Job Costs With Intelligent, Cloud-Based Solutions
Advancements in technology are making it easier for users to capture and share data and information. Construction companies that aren’t adapting quickly enough to new technologies that enable connectivity are seeing profits plummet.
Nonresidential Construction Adds Only 2,900 Jobs in July, but Liquidity Remains High
The nation’s construction industry added 11,000 jobs on net in July, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. Overall, the industry has recovered 886,000 [...]
Contractors Eager for Growth Must Overcome Cash-Flow Challenges
While contractors have maintained an entrepreneurial spirit, they still face a variety of cash-flow challenges barring them from growth.
Five Reasons Construction Companies Need a Payment Strategy
Construction companies need a payment strategy to accelerate payments now more than ever.
Understanding the Eichleay Formula: Recovering Compensation From Project Delays
If a construction project is delayed by the actions of the project owner or another contractor, the delayed contractor has the right to request compensation for the impact of the delay. The most common calculation related to compensation recovery is the Eichleay formula.
Understand and Reduce Operation Costs in Construction
A smart, strategic approach is required for any construction company to reduce operating costs.
Pandemic Magnifies Financial Risk in Construction: What Executives Can Do to Speed up Customer Payments
Managing payments and the paperwork that goes with them is key to ensuring that construction businesses have the funds they need to grow and build their businesses.
