zlien blog

Tag: CFMA

  • Read This Before Expanding Your Business in 2014

    In our 2013 year-end review article (Financial Risk, Credit Management, and Lien Law in 2013), we highlighted economic indicators and commentary that 2014 will be the year of the rebound.  In preparation for the rebounding economy, it appears that business growth and expansion is a hot topic in the industry these days. CFMA’s Connection Café…

  • CFMA Says Owners Are Shifting Financial Risks Down The Contracting Chain

    ENR.com and the Construction Financial Management Association (CFMA) recently published some articles suggesting that “cash-strapped public and private owners are shifting greater risk onto contractors through onerous deal terms” [Owners Shift More Financial Risk as Recovery Remains Sluggish]. This is true, but it’s not necessarily new.  As this article will explain, this risk shifting tug…

  • Pay If Paid Provisions Highlight Epic Payment Battle Between GCs and Subcontractors

    Susan L. McGreevy, a construction law attorney at Stinson Morrison Hecker, LLP, published an excellent article on pay-if-paid clauses in the May/June 2013 Building Profits magazine. Her analysis is an easy read (as far as legal articles go) because she fights the urge to rattle off a bunch of rules and contract language and instead…

  • Mechanics Lien: Why Filing A Lien Will Help You Avoid Litigation

    CFMA CEO Stuart Binstock, a lawyer, opened the May/June 2013 issue of the organization’s Building Profits magazine with a message about minimizing legal risk. He quoting French Philospher Voltaire as saying that “he had two terrible experiences in his life – once when he lost a lawsuit and once when he won a lawsuit.” Litigation…

  • GC Software Proof That Preliminary Notices Make A Difference

    zlien just finished exhibiting at the 2012 CFMA Annual Conference in Orlando, Florida, and where there are trade shows, there is a gluttony of industry software exhibitors. That was the case in Orlando as well. I was particularly drawn to a few companies who provide “Payment Management” utilities to contractors because of their relationship to our offerings.…