This week’s Construction Financial Manager Review touches on news from across the industry. Ranging from from real estate trends to business management advice to construction technology, this newsletter provides a summary of what’s been going on.
We hope you enjoy this week’s review and would love to get your feedback.
Happy weekend,
Scott Wolfe
zlien CEO
What We’re Reading
Key Articles from Across the Web This Week
Spring forward: 4 housing market predictions from residential experts
Spring brings a new season but doesn’t bring much change to the world of US real estate. The trend of low inventory and high prices doesn’t look like it will change any time soon. Read the full article on Construction Dive.
Knock bids out of the park
Construction managers should remember that winning bids isn’t about the occasional home run, it is better to have a consistent, reliable strategy for taking on new business. Read the full article on Construction Executive: Managing Your Business.
Global construction company uses analytics to make pricing local
Dayton Superior, a supplier of concrete and other materials for projects ranging from the Panama Canal to the Trump Ocean Club, is using a data-drive approach to price optimization to help it align prices with all the various markets in which it operates. Read the full article on CIO.
Technology and Software Rundown
This week’s rundown includes a pressure testing app, a cool smart vest to prevent heat stroke, and a jobsite bag that protects tools and technology. Software updates are all about project collaboration, and a new software creates a digital platform for tools. Read the full article on Construction Executive: Tech Trends.
Construction industry has been a wild ride
Las Vegas’ construction sector has made impressive strides since taking a serious hit during the recession. Read the full article on VegasInc.
The power of a handwritten note
With the ease, speed, and accessibility of electronic communication, handwritten messages are rare. But sometimes how you send a note makes a big difference. Read the full article on Business Management Daily.
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What We’re Writing About
Recent Articles by zlien Relevant to Construction Finance
Securing lien rights in California: A fact sheet
Securing lien rights can be more challenging than in other states due to strict preliminary notice requirements We have compiled a one-page fact sheet to simplify and clarify the process for securing lien rights in CA. Read the full article.
Reduced retainage is not released retainage
A recent court case in California addressed retainage on public projects after a subcontractor claimed that the GC on a project had violated the Prompt Payment Statute. Read the full article.
Miller Act claims are not easily tossed aside
Miller Act bond claims can be filed by certain parties on federal projects. These claims may be stayed until the contract dispute is settled, but only if this is laid out by the subcontract. Read the full article.
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