This week on Contractor Insider: Contractors in demand for US port projects with Panama Canal expansion, construction jobs up 3.5%, builder confidence in single-family house improved
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Weekly Roundup: Mass timber’s positive outlook, US Steel’s $1B investment, & more
This week on Supplier Insider: Mass timber gains traction, US Steel reveals plans for $1B Western Pennsylvania facilities upgrade, Softwood lumber prices improve
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Weekly Roundup: DOE fund for construction tech, Pelosi on infrastructure plan, & more
This week on Construction Insider: DOE set $33.5M fund for construction tech research, Pelosi confident about US infrastructure plan,12 companies chosen to bid for task orders for construction of US-Mexico border
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California’s “Unconditional Waiver and Release Upon Progress Payment”: A Detailed Guide
There’s very little room for error when signing lien waivers in California. Regulated lien waiver forms are provided by the state, and California statutes require contractors, subcontractors, and other construction stakeholders to specifically use these forms when issuing lien waivers.While small formatting changes may be welcome, customizing the content of California’s statutory waiver forms will most likely invalidate the entire document and also cost the claimant a hefty fine. It is therefore in your best interest to use these statutory forms exactly as they are. There are four types of California lien waivers and this post will specifically discuss the “Unconditional Waiver and Release Upon Progress Payment.”
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Invoice Factoring 101: A Definitive Guide on Factoring Receivables
One of the most common courses of action when dealing with money shortage due to slow paying receivables is Invoice Factoring. Whether you are just starting out on your business or you are dealing with a particularly difficult financial challenge, you may want to look into Invoice Factoring as a way to address your cash flow concerns.
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Understanding the Notice of Commencement
Deadlines and time frames are strongly enforced in the construction industry, at least when legal paperwork is concerned. Knowing the exact start date of the project can be very important when tracking these deadlines, so you might wonder: when exactly does a construction project start?The Notice of Commencement gives you the answer.
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Weekly Roundup: Rise in workplace safety jobs, infrastructure bill, & more
This week: occupational safety and health jobs expected to rise with construction boom, Republicans and Democrats disagree on infrastructure bill, U.S. construction costs rose 5.5% in 2018
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What Is a Mechanics Lien? Your Questions Answered
Understanding the ins and outs of the mechanics lien—from the technical definitions to the process involved behind filing it—should be highly prioritized by any contractor or supplier who are working on any construction project, whether be it be residential or commercial, public or private.
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How to Deliver Construction Preliminary Notices: 4 Methods
The construction industry is notorious for payment disputes and delays so running a construction business means bearing the risk of never getting paid. Contractors and subcontractors must therefore give utmost priority to protecting their legal right to file a mechanics lien—and this process begins with serving the preliminary notice.
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Weekly Roundup: FedExed lien notice ruling, SBA bill for subcontractor payments, & more
This week on Construction Insider: PA Supreme Court ruled FedEx-served lien notice valid, Rep proposed SBA bill for contractor payments, global modular construction on the rise
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