Hi zliener,
This week’s Construction Financial Manager Review (CFM Review) features a selection of interesting articles from across the industry this week.
Our goal is to make it easy for all construction financial professionals to stay informed about what matters to them.
Enjoy your weekend!
Peter Menge | zlien Content Manager
Lien Rights Made EasyTM | 866.720.5436 | peter@
Industry Spotlight
Key articles from across the web on a variety of construction industry topics
For Whom the Road Tolls
Trump’s Infrastructure Plan Heading for Texas-Sized Roadblock Over Toll Roads via The Dallas Morning News
One of the key components of the Trump administration’s plans to build more domestic infrastructure is to rely on investment from the private sector to get the projects done. The roadways that get built by these public-private partnerships (P3) would typically become toll roads, with the revenue generated from the tolls used to pay the private investors back for their investment. There’s just one problem: “‘That’s not going to fly here in Texas,’” according to the director of Texans for Toll-Free Highways. Apparently, the Texas Legislature agrees with the group, since they slammed the door on any new public-private partnerships earlier this year. Seems like we’ve got a real Texan standoff on our hands…
What About the Other 97 Reasons?
Top Two Reasons Construction Projects Exceed Costs and Time via Construction Executive
Of course, there are lots of things that can go wrong on a construction project, but cost overruns and delayed timelines are both biggies in the “bad things that can happen on a construction project” category of construction mishaps. This article written by Jeff Shannon for CE gives his top 2 reasons projects run over on costs and time.
Payment, Credit, and Lien Rights
More construction industry content, but more about specific issues around payment, credit, and lien law updates
Mechanics Liens No-Nos
4 Common Mistakes to Avoid with Construction Mechanics Liens published by zlien on ForConstructionPros.com
The power and reach of zlien‘s content knows no bounds! We recently contributed this article to our friends at ForConstructionPros.com, keeping with our goal of furthering industry education around lien rights, construction credit, and payment issues.
Umm, That’s Not What Liens Are For
Texas Rangers Arrest Area “Sovereign Citizen” on Retaliation Charges via kwtx.com
Word to the wise: if you get into some legal trouble, do not file a mechanics lien on a house belonging to a law enforcement officer in retaliation. Bad idea!
The Devil Went Down to Georgia, Looking for a House He Could Lien
‘Super Liens’ No Longer a Super Threat to Georgia Homeowners via The Atlanta Journal-Constitution
In a process that the AJC calls, “mind-numbingly complex,” some unscrupulous investors in the Atlanta area were combining tax liens with mechanics lien judgements to create “super liens” and snatch houses away from financially distressed homeowners. The Georgia Supreme Court put an end to the practice in a decision handed down in May, 2017.
Construction Tech
zlien is a technology company after all!
News and other tidbits about the fast-growing construction technology space
Because I Really Want to Learn One More Wireless Password
DeWalt Announces Jobsite WiFi, IoT Solution via Contractor Mag
Fascinating development in construction technology, this time via an announcement by Stanley Black & Decker subsidiary, DeWalt. Seems like the folks at DeWalt did a bunch of research and figured out that there is an “unmet need for reliable connectivity and asset management across the jobsite.” After you read the article (link above), you can find out more on the DeWalt Website.
Because Angry Birds is so 2016
Contractors Favorite Apps for Efficiency, Productivity via Contractor Mag
This articles headline may be a weeeee bit ambitious in that, it’s not a sampling of all contractors, but rather, just the personal views of 3 contractors. However, the 3 contractors featured are all very likable and seem to know what they’re talking about, so give this article a quick read!
Because All I Need is Another Voice in the Car Telling Me to ‘Slow Down!’
Cadillac Tech ‘Talks’ to Traffic Lights so You Don’t Run Them via Mashable
Interesting news from the What Will They Think of Next Department: Cadillac has successfully tested Vehicle-to-Infrastructure technology in a CTS test vehicle.
Because ‘The Terminator’ Films Didn’t Seem Realistic Enough
Self-Operating Construction Machines Part of Shifting Workforce via Bloomberg
While we’re still a long ways off from fully-autonomous machines, several big players in the heavy equipment industry – including Volvo, Komatsu and Caterpillar – have been making moves to develop their own semi-autonomous and operator-assisted technology. No word yet on Skynet‘s intentions…
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