In the construction industry, information is exchanged daily with many companies, including general contractors, subcontractors, partner companies, and material suppliers.The information handled is ...

Invoice “factoring” is a financing arrangement in which a subcontractor sells outstanding invoices to a factoring company. Here’s how it works. After the contractor signs a “verification” (or ...

When the federal government delays payment, a contractor should not simply wait and hope the problem resolves itself. Depending on the ...

Artificial intelligence (AI) tends to come up in the context of remote monitoring software and tools that upload data to the cloud. It has a place in the back office, too — as Beyer Mechanical, one of ...

New Jersey's Prompt Payment Act: Construction Contract Considerations for Developers and Owners "Where the owner fails to remit timely payment of an approved invoice, after giving seven calendar days' ...