Category: Construction Payment
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Construction Delays: Common Causes for Delay and How to Minimize The Fallout
Construction delays can be expected, to some degree, on every project. By understanding common causes for delay, it will be easier to avoid them in the first place. Plus, we’ve got some tips for minimizing their effect.
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Construction Factoring: How Invoice Factoring Works in Construction
Factoring construction invoices can help infuse cash into a business, but through construction factoring, a subcontractor misses out on some profit.
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How Does a Guaranteed Maximum Price (GMP) Contract Work?
Construction contracts regularly feature a guaranteed maximum price. Like other construction topics, there’s more than meets the eye with a GMP contract.
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Construction Fraud: Common Issues and How to Combat Them
Construction fraud takes many different forms, but by identifying common issues, it’s easier to minimize the possibility of happening on your job.
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Restoration Contractors Fixing Polar Vortex Damage Face Unique Payment Issues
The Polar Vortex caused a LOT of damage, and there is plenty of repair work to go around. However, restoration companies should keep some things in mind…