Avoid Disputes: Exclusion Clauses
With the costs of labor and materials running high, builders find themselves in disputes over who takes the hit on cost increases. Conflicts between general and subcontractors and owners are running high—even ending in…
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Revenue Management
Milestone billing processes are an important way for contractors to manage invoice and payment cycles, ensuring cash flow. Current disruptions make nimble, milestone billing even more important then ever, though absorbing the revenue recognition…
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Top Ten Causes of Claims
Surprise? For the most part, claims and disputes tend to stem from the rush to move projects forward, although design, licenses and permits might not be finalized. Unfortunately, in the long run, the early…
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Filing A Will in Probate Court?
Families frequently—and mistakenly—believe that when a will exists, probate can be avoided upon the death of a loved one. The fact is, a will needs to be filed in probate court, and this is…
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Running Out of Money
That’s a big worry the majority of retirement plan participants, according to industry surveys. Participants also indicate interest in establishing consistent monthly income streams, but plan sponsors are unsure how to go about providing…
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Conducting Due Diligence on Advisors
The responsibility of conducting due diligence on the retirement plan advisor is a daunting tasks for most plan sponsors. Without finance and investment experience, it can indeed be difficult to periodically review the performance of…
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Surviving and Thriving!
Just two years before the great recession struck in 2008, Gary Schumal and Ron Plunk had set out to form their own construction company. Despite the challenges, their venture survived and thrived and is…
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Good Hiring Practices
Hiring, especially in construction, is tougher than ever. That’s why industry pros remind us that good preparation is essential. Dedicating time to having your hiring infrastructure at the ready pays off in the long…
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Bubbling Up for 2023
Although many people have been opting to drink less, alcohol sales are anticipated to continue growing. Among the trends expected to drive alcohol consumption forward in 2023 are growth in home delivery, continued interest…
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