General contractors know how important lien waivers are to minimizing risk, maintaining clear financial records, and building transparent relationships with suppliers and subcontractors. Lien waivers also serve as legally binding documents that prove work and materials have been paid for.
An Introduction to Schedule of Values in Construction A schedule of values (SOV) is crucial in construction project planning, budgeting and progress tracking. SOVs were
Best Practices for Construction Change Order Management The purpose of a change order is to document and formalize any changes or adjustments to the original
Understanding the different types of change orders in construction Change Orders are a growing problem for general contractors. The expectation of change order submissions
Construction Change Orders Vs Change Directives: What’s the difference? According to feedback from general contractors, a shortage of labor and materials continues to be
How to Efficiently Manage Change Order Disputes in Construction The expectation of change order submissions is expected to rise into 2024, according to the
Construction Change Order Best Practices & Why they Matter In construction projects, it is common for changes to occur throughout the construction timeline. These
Find software for the current challenges in change order management According to the 2024 GCPay Construction Industry Report, 54% of general contractors saw an
Why Subcontractor Relations Are One of The Key Factors To Growing A Construction Business General contractors looking to grow their construction business often start
What you need to know about the prompt Payment Act In the US, states are increasingly looking to implement or expand prompt payment laws
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