Get help with everything you need to know about construction payments.
The American Institute of Architects (AIA) recently released two new AIA residential contract templates for home builders.聽 The A111 鈥� 2021 is a contract between a homeowner and a home...
All 50 US states have adopted ‘Little’ Miller Acts. These laws protect first-tier subcontractors and suppliers on state-funded projects, ensuring that they get paid. Since public projects are not subject...
There are a lot of risks involved in construction projects and the industry as a whole. Between physical safety, materials pricing, delays, and hundreds of other gambles, things can happen....
In a perfect world, a residential construction or remodeling project would go off without a hitch. The contractor gets paid, the homeowner is happy and everything works out. Unfortunately, though,...
The state of Kentucky requires contractors in electrical, plumbing, and HVAC to secure a state contractor license, while most other contractors are regulated by municipality. We’ve put together a comprehensive...
How your contracting business is organized has a tremendous effect on your vulnerability to risk and the amount of taxes you鈥檒l pay. When starting out, most contractors organize as sole...
Finding the right contractor can be a massive roadblock on the way to a successful project. While there are plenty of contractors and subcontractors willing to take a contract, they鈥檙e...
In most cases, income from sales is recorded at the same time as the work is invoiced or payment is received. This is the way most contractors and suppliers record...
Starting your own contracting business in Missouri is a big step, but being your own boss is full of rewards. You鈥檒l be able to choose your clients, pick the type...
Construction contractors sometimes go through hoops to receive payments. A client may experience a financial hardship that forces them to stop a project. They may also claim the work provided...
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