The contractor’s role in life-cycle cost analysis

When project owners invest in construction jobs, they invariably look for long-term value. Whether road, residence or commercial ...
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Exit strategy: ESOPs for construction companies

Contractors often struggle to find suitable buyers for their companies when they’re ready to retire or otherwise move ...
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What contractors should expect when getting bonded

Under a performance bond, a legally binding agreement is established between a construction company, a surety (the bond ...
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Is a PTET election right for your construction company?

Businesses structured as partnerships, S corporations or limited liability companies generally aren’t subject to the federal corporate income tax. ...
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Many construction businesses need to step it up on cybersecurity

By now, most contractors are well aware of the threat of cyberattacks. However, at least one recent survey ...
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An update on the Employee Retention Tax Credit for construction companies

When the pandemic hit in 2020, the federal government rolled out the Employee Retention Tax Credit (ERTC) under ...
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Alternate construction delivery methods: CMc in the spotlight

Like many construction businesses, yours may have operated for years following the traditional design-bid-build delivery method. An architect ...
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Could CRM software help your construction business?

When you read the words “construction software,” the first thing that may come to mind is an application ...
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What contractors should know about the IRA’s PWA requirements

In June 2024, the IRS released final regulations addressing the prevailing wage and apprenticeship (PWA) requirements for increased ...
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Parametric insurance may suit some construction companies

Construction businesses are rightly advised to consider a wide array of insurance policies to guard against the financial ...
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Cash flow management fundamentals for construction businesses

Construction companies have always faced challenges when it comes to cash flow. The difficulty largely springs from the ...
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7 ways construction companies can address materials costs

Although the overall costs of construction materials nationwide have stabilized somewhat this year, many contractors still likely face ...
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