Web Exclusive Content
-
Contractors Can Help Ensure Their Success by Heeding Five Lessons Learned from the Pandemic
ISTOCK.COM/RELIF By Robert S. Posner of Grassi As the construction industry emerges from the COVID-19 pandemic, new realities continue to impact contractors’ plans and strategies.…
Read More » -
Five Industry-Unique Concepts in Navigating Construction Company Work-Outs—Scenarios that Allow a Contractor in Default to Meet its Debt Obligations
ISTOCK.COM/VECTORINSPIRATION By Kevin Hamernik of BKD Working with a company struggling or bordering on the edge of insolvency is difficult enough, but any seasoned turnaround…
Read More » -
A Contractor’s Line of Credit Can Affect the Firm’s Bonding and Banking Relationships
ISTOCK.COM/GUSTAVOFRAZAO By Richard P. Higgins of McCarthy & Company Building a solid foundation for good relationships with sureties and bankers is important for every contractor,…
Read More » -
Three Recent Cases Strike Down Liquidated Damages Clauses in Settlement Agreements: Trend or an Aberration?
ISTOCK.COM/ZOLNIEREK By Adam M. Tuckman of Watt Tieder Hoffar Fitzgerald LLP Beginning more than one century ago, owners and contractors generally have adopted the convention…
Read More » -
NASBP Partners with SFAA to Offer Free Online Course – Introducing a Surety Bond Education Curriculum With Personality
Learning about the ins and outs of qualifying for surety bonds as a construction contractor may sound like a dry course of study, but contractors…
Read More » -
Extending the Value of Surety—NASBP’s 5-15 Committee Trains New Industry Leaders
When visionary business leaders take action, they always have their eye on the future. The problem is that it takes broad industry knowledge and experience…
Read More » -
Revised IRS Construction Industry Audit Technique Guide: Factors to Consider
IMAGE BY VECTORHOT By Zachary Hunter and Jeff McCarthy of Marcum LLP Much has changed on the landscape of tax accounting for construction contracts and…
Read More » -
New Civil Cyber-Fraud Initiative Uses False Claims Act to Enforce Cybersecurity Requirements
PHOTO BY THE LIGHT-WRITER By Moshe Broder, David Bitkower, Brandon D. Fox, Shoba Pillay, and David B. Robbins of Jenner & Block The Department of…
Read More » -
Many Contractors Remain Unaware of the Refundable Tax Credit for Employee Retention
ISTOCK.COM/GGUY44 By Bobbi Hayes and Larry May In March of 2020, Congress passed the CARES Act to provide businesses and individuals with various forms of…
Read More » -
Revenue Recognition, One Year Later After Release
ISTOCK.COM/SALVADORCELIS By James Miller and James Wiedemann When the new revenue recognition rules (Topic 606) were released, every industry scrambled to determine the impact they…
Read More »