Construction Financial Manager Review: May 27, 2016

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This week’s Construction Financial Manager Review covers a wide variety of topics. Read on to learn about what is going on in the construction industry.

We hope you enjoy this week’s review and would love to get your feedback.

Happy weekend,

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Scott Wolfe
zlien CEO

What We’re Reading 
Key Articles from Across the Web This Week

From prototype to job site: How contractors stay on the ‘leading edge’ with new technologies
The construction industry has seen its fair share of technological advancements in the past few years, with BIM, laser scanning and the proliferation of drones rapidly revolutionizing projects. But the story doesn’t end there. Read the full article on Construction Dive.

ENR 2016 Top 400 Contractors 1-100
The market finally has come all the way back to pre-recession levels for U.S. general contractors and construction managers. The Top 400 generated $344.14 billion in contracting revenue in 2015, an increase of 3.7% from 2014’s $331.94 billion. Read the full article on ENR.

House passes $81 billion measure for veterans and military construction 
The House on Thursday approved an $81.6 billion spending measure for veterans affairs and military construction programs after hours of contentious floor debate. Read the full article on The New York Times.

What your construction business can learn from Starbucks
Look to Starbucks to find consistency and creativity in standard operating procedures. Read the full article on Construction Business Owner.

Rangers to build $1B stadium with retractable roof, to open in 2021 
The Texas Rangers could be playing in a new $1 billion retractable-roof stadium by 2021 and would remain in Arlington until at least 2054 under plans revealed Friday by the team and the city. Read the full article on ESPN.

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What We’re Writing About
Recent Articles by zlien Relevant to Construction Finance

Which notice do I need?
Notice rules and requirements vary from one state to the next and choosing the correct notice can be challenging. Not anymore. Read the full article.

Why you should send preliminary notice even if it’s not required
In states with preliminary notice requirements, failing to send notice is often fatal to a mechanics lien or bond claim. It is still generally incredibly beneficial to send preliminary notice even if it’s not required in your state. Read the full article.

Securing lien rights in Arizona
In Arizona, the protections offered by mechanics liens are available to most parties who furnish labor or materials on construction projects. However, sending preliminary notice is essential to securing lien rights in Arizona. Failing to send notice is fatal to an Arizona mechanics lien claim. Read the full article.

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