Tag: payments


Suffolk Technology announces 5 finalists for Boost program

November 18, 2020

Via: Construction Dive

The finalists chosen by Suffolk to participate in the Boost program are: Canvas, a construction robotics company that seeks to increase productivity on jobsites and shave days and money off of construction projects. Diamond Age, a startup that claims it […]

Construction Processes, Financial

Slow payments cost GCs and subs $64 billion annually

October 17, 2019

Via: BDCNetwork

Delayed payments are costing both general contractors and subcontractors tens of billions annually, according to a new study. The study was conducted by construction finance platform Rabbet, formerly Contract Simply, in partnership with Procore Technologies. A similar study by Rabbet […]

Construction Processes, Legal

Colorado bill set to make wage theft a felony

April 8, 2019

Via: Construction Dive

According to the Colorado Fiscal Institute, more than 500,0000 workers in the state — many of them in the construction industry — lose $750 million a year because of wage theft. The institute’s analysis shows that the most common methods […]