Finance

Maintain Strong Internal Controls in the Wake of COVID-19

While the current COVID-19 environment is very challenging, some companies are instituting positive changes that may actually yield a stronger, more-efficient and modern approach to internal controls.

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.

Putting Building Blocks in Place for Construction Success

by Kenny Ingram | Apr 22, 2020
Finance | Risk Management | Technology

With flexible enterprise software tools, the construction industry can navigate potentially troublesome projects with limited profit margins and work towards achieving greater profits.

Three Mistakes Contractors Make When Filing Preliminary Notices

by Patrick Hogan | Apr 15, 2020
Accounting | Business | Finance

To file a mechanics lien, construction businesses need to be careful not to commit errors in serving a preliminary notice. Here are some common but fatal preliminary notice mistakes construction businesses need to know.

The Impact of COVID-19 on the Equipment and Event Rental Industry

by American Rental Association | Apr 8, 2020
Economy | Equipment | Finance | Fleet Management

According to a recent survey, rental revenues are declining and are projected to significantly deteriorate in the coming months due to the coronavirus.

COVID-19 Has Shut Down Your Construction Project. Is There Insurance for That?

As COVID-19 spreads, its impact on the construction industry could be severe. Will your insurance policies provide any coverage for the extra expenses and losses you are about to incur?

COVID-19 Tax-Free Section 139 Benefits

by David E. Rogers, Ruth M. Wimer | Mar 18, 2020
Accounting | Business | Finance

The COVID-19 pandemic is now the type of disaster for which an employer may reimburse employees for disaster-related expenses on a tax-free basis, free from Form W-2 or Form 1099 reporting.

Control Project Costs Using Alternative Fee Arrangements

by Seth Wamelink, Patricia Seifert | Mar 16, 2020
Business | Finance | Project Management

Legal expenses should be included in every project budget. AFAs are an effective tool to control legal costs and keep the construction project within the budget. In the unfortunate event that litigation arises, AFAs are the most efficient means to control legal costs.

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Maintain Strong Internal Controls in the Wake of COVID-19

Addressing Cash Flow and Credit Impacts Related to COVID-19

Putting Building Blocks in Place for Construction Success

Three Mistakes Contractors Make When Filing Preliminary Notices

The Impact of COVID-19 on the Equipment and Event Rental Industry

COVID-19 Has Shut Down Your Construction Project. Is There Insurance for That?

COVID-19 Tax-Free Section 139 Benefits

Control Project Costs Using Alternative Fee Arrangements

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