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

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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The U.S. construction industry experienced a surge in 2022 and 2023 due to federal funding and pent-up demand, but the market began softening in 2024 and continues into 2025. Key challenges include rising costs from interest rates, inflation, and tariffs, which disproportionately affect smaller firms. Supply chain disruptions, though eased, still necessitate a “just-in-case” approach
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