The Challenges and Realities of Prompt Payment in Construction: A Subcontractor’s Perspective
- Best Practices, Cash Management, FINANCE, Forcasting, Payment
- March 25, 2025

Diversification is usually discussed as a business-development decision. By Troy Clark, MSC Safety Solutions A contractor sees opportunity in a new market segment. Commercial work may be slowing while another sector is growing. Data centers, industrial projects, or work tied to an existing customer can create new opportunities. Leadership sees a path to new revenue,
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By Jon Marcus, The Hechinger Report At a time when polls show two-thirds of Americans think a higher education is no longer worth the price, Forsyth Technical Community College has a message for them. “College,” it says, “could cost you nothing.” The planned marketing slogan is a reference to the most dramatic expansion in more
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By Doug Reitz – Maxim Consulting Group Key Questions in Procurement Procurement is more than purchasing. It is the act of building a stable path through uncertainty. The leadership mindset gets you out of the weeds and asks three questions: Where are we? Where do we want to be? What must we
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By Mary Klett, ASA Communications Team U.S. construction in 2026 is shaping up as a year of rebalancing. Activity is not disappearing so much as moving—away from some traditional commercial categories and toward power-hungry, infrastructure-linked work like data centers, energy, and select public projects. Contractors and subcontractors that track where demand is concentrating—and tighten procurement
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By Ara Grigorian, CPA, CCIFP Don’t let the label “supplemental information” fool you. Accurate contract schedules are just as crucial as the balance sheet and income statement for a construction contractor. By contract schedules, I mean the schedule of completed contracts and contracts in progress. These schedules provide a glimpse of where the company is
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