Not a New Idea, but A New Trend – Employee Stock Ownership Plans
- Documentation
- February 27, 2024
The AGMT and NACC certification programs are improving the construction industry. By: Jeff Dalaba, AMS, Inc. In recent years, U.S. construction insurance rates have spiked, with water infiltration and losses related to water damage as top risks. A survey of over 340 industry professionals cited most defects and failures were caused by glazing subcontractor and/or
READ MOREBy Emily Martin, Saul Ewing In the long male-dominated construction industry, women have comprised only a small percentage of the trades workforce and leadership positions. Despite significant progress in broadening female representation in the industry, gender stereotypes, workplace discrimination, and legal barriers continue to hinder women’s full participation in the field. However, as more women
READ MOREBy Patrick Hogan, handle.com Small subcontractors face a unique challenge in large commercial construction projects—big opportunities come with big risks. Long payment cycles, retainage withholding, and contract terms designed to protect general contractors and developers can make cash flow unpredictable. Without a solid strategy for managing payments, small businesses can quickly find themselves struggling to
READ MOREBy Jack Biltis, eBacon Navigating certified payroll can feel overwhelming for small construction businesses, especially when pursuing government-funded projects. However, with the right strategies and tools, subcontractors and specialty trade contractors can simplify compliance while unlocking the benefits of lucrative government contracts. This article explores the essentials of certified payroll, common challenges faced by small businesses, and actionable strategies
READ MOREAnthony Perera, Exuma Capital Partners The construction industry stands at a crossroads where traditional practices meet new technology practices. From remote video inspections to project management platforms streamlining processes, these innovations are changing how contractors operate. These advancements address longstanding challenges such as regulatory compliance, project efficiency, and adapting to evolving market demands. Contractors who
READ MOREBy Dan Doyon, Maxim Consulting Group As someone deeply engaged with the construction industry, I have witnessed firsthand how this sector continuously evolves, adapting to the relentless flow of technological, regulatory, and economic changes. Looking forward to 2025, subcontractors will find themselves navigating a landscape not only in the midst of economic recovery but also
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