Search results for: “financial risk shifting”
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Webinar on Construction Industry Financial Risk Trends – Did You Miss It?
[slideshare id=30299390&doc=2013-trends-construction-industry-prepare-financial-2014-140122071849-phpapp01] For CFOs, credit managers, and finance professionals in the construction industry, understanding the trends from 2013 is critical to manage your organization’s financial risk in 2014. Earlier this week, we conducted a webinar that highlighted 4 trends from 2013 that will matter in 2014. Those trends include: Trend 1: Cautious Optimism About Economy…
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MultiBriefs Publishes a 2014 Guide to Financial Risk in the Construction Industry
Financial risk will be a thorny area in 2014 for CFOs and other credit and financial professionals in the construction industry. The industry news outlets are full of reports that financial risk shifting devices are more popular than ever, and that is coupled with the increased financial risk historically associated with the industry during a…
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It’s Too Expensive To Ignore The Risk Of Construction Payment Flow Abuses
On September 20th at the McGraw Hill headquarters in Manhattan, general contractors, subcontractors, and suppliers faced off at the ENR risk summit. According to ENR’s summary of the conversation the obvious happened: Views Differ From Places on the Payment Flow Chart. General contractors complained about construction risk referring heavily to subcontractor defaults. Subcontractors and suppliers,…
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The General Contractor Refuses to Accept My Preliminary Notices. Now What??
There’s another risk-dodging measure we’ve come across, too – a while back, a general contractor told us that when they’re starting up a new project, they inform the subs and other vendors on the project that they won’t do business with companies who send preliminary notices. Wow! Is a general contractor refusing to accept a…
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Is Textura’s Business Model At A Dead End?
On Monday, Textura Corp. (TXTR) reported that its largest shareholder, Northwater Capital, was “changing its role from providing venture support to one of activist,” because the investors believed that the company needed to pursue strategic alternatives. According to the letter from Northwater Capital, “three interrelated factors…should influence Textura’s strategy…the anticipated growth, the associated risks, and its…