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Category: Financial


Construction Processes, Financial, Legal, Sustainability

Insurance 101 for small contractors

January 22, 2021

Via: Construction Dive

For contractors and small construction companies, the importance of having the right amount of the right types of business insurance can’t be overstated. For many small businesses that don’t have adequate coverage, the cost of one liability lawsuit can be […]


Construction Processes, Financial

How much federal funding will each state DOT receive?

January 20, 2021

Via: Construction Dive

State departments of transportation are set to receive funds totaling $9.8 billion as a result of emergency aid from the $900 billion COVID-19 relief measure passed late last year. That number is a part of nearly $10 billion total earmarked […]


Construction Processes, Financial

Warehouse rents could slow their climb in 2021 as construction boosts supply

January 13, 2021

Via: Construction Dive

Rents are breaking records, but the construction pipeline is, too. As of Q4, there were 360.7 million industrial square feet under construction with 94% of it intended for warehouse and distribution uses, according to the report. The South has the […]


Construction Processes, Financial

Latest round of PPP loan program kicks off today

January 11, 2021

Via: Construction Dive

The processing time and mode will also be slightly altered from last year’s PPP process. The applications will go through a series of automated checks before a loan number is issued, Treasury officials said. That could slow processing time by […]


Construction Processes, Financial

Contractors to benefit from latest round of PPP funding

January 5, 2021

Via: Construction Dive

One of the most anticipated aspects of the $908 billion coronavirus relief measure signed by President Trump last week includes $284 billion for a revamped Paycheck Protection Program. The measure — attached to a $1.4 trillion bill set to fund […]


Construction Processes, Financial

Relief Bill’s Highway Funds Could Help Construction Projects

December 23, 2020

Via: ENR

Among the many provisions in the coronavirus relief bill, one key item is $10 billion to help state highway agencies make up for losses in state fuel taxes and other revenue due to the pandemic-caused falloff in traffic this year. […]


Construction Processes, Financial

10 Things to Know About $1 Million Tax Break

December 18, 2020

Via: ConstructConnect

Are you thinking you’ll be busier in 2021 than in 2020? If that’s the case—it may be a great time to add new construction software or new or used equipment and deduct all of it on this year’s taxes. Call […]


Construction Processes, Financial

FTA Allocates $554M to Seven Transit Projects

December 17, 2020

Via: ENR

The Federal Transit Administration (FTA) has given seven transit projects around the country some welcome news, allocating a total of $554.3 million to help finance them. The funding, which FTA announced on Dec. 17, comes from the agency’s Capital Investment […]


Construction Processes, Financial

Tax changes on the horizon: What contractors need to know

December 14, 2020

Via: Construction Dive

As the end of 2020 approaches, even as many construction businesses are still struggling with the fallout from the COVID-19 pandemic, it’s time to close out the year financially. That means it’s time for tax planning and the consideration of […]


Construction Processes, Financial, Interaction of Expertise, Sustainability

Fluor reports lower revenues and backlog, but sees opportunity ahead

December 11, 2020

Via: Construction Dive

The results came as Fluor looks to regain its footing after a restructuring to put accounting mishaps behind it. The company is now pursuing higher-quality contracts, even as it continues to work through older, “zero margin” jobs. The firm didn’t […]