Not a New Idea, but A New Trend – Employee Stock Ownership Plans
- Documentation
- February 27, 2024

By Christian Fernandez, Snell & Wilmer L.L.P. Winning the job is only half the battle. For many subcontractors, the real risk—and the real potential for lost profit—starts with the contract. Today’s subcontracts are often written to push as much risk as possible downstream. If you’re not reading carefully or pushing back where it matters, you
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by Doug Reitz – Director, Maxim Consulting Group Over the years, I have seen skilled subcontractors do outstanding work and then not get paid for it. It could be disputes that drag on for months, unforeseen delays, missed contractual deadlines or even a misunderstanding that escalated. For some owners and GCs, holding payment is the
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By Todd Nectow, Thomas, Feldman & Wilshusen, L.L.P. Marcus Aurelius (the wise old emperor in Gladiator) said, The secret of all victory lies in the organization of the non-obvious. Miguel de Cervantes (the guy who wrote Don Quixote) said, To be prepared is half the victory. Aurelius and Cervantes were discussing victory on the battlefield,
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By Christian Fernandez, Snell & Wilmer L.L.P. Every subcontractor knows this truth: getting paid on time can make or break a business. Cash flow is the lifeblood of any construction company, and delayed payments can quickly ripple through operations — slowing payroll, straining relationships with suppliers, and putting future projects at risk. In an industry
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By Jack Biltis, eBacon Inc. For payroll managers and accountants in the construction sector, particularly those working with subcontractors and specialty trade contractors on publicly funded projects, the phrase “money matters” often brings to mind the meticulous and demanding world of certified payroll reporting. While ensuring fair wages is paramount, the process of accurately documenting
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By Jack Biltis, eBacon Inc. For payroll managers and accountants within the construction sector, the phrase “best practices” often conjures images of meticulous record-keeping, navigating complex regulations, and ensuring accurate and timely payments. While the core principles of payroll management remain consistent across industries, the construction landscape presents unique challenges, particularly when it comes to
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