Essential Records You’ll Need to Prove Claims for Increased Construction Costs

At , our entire purpose is to ensure that our clients in the construction industry can easily collaborate with one another. Part of this process is ensuring that the necessary records are kept to protect the project from a number of possibilities – including proving a claim for increased construction costs. Most companies know to […]

How Community Banks Should Maintain Control of Residential Construction Loans

How Community Banks Should Maintain Control of Residential Construction Loans

  With the high risk of construction loans, mitigating risk should of paramount importance for any bank. But for small banks, that may have the largest share, especially relative to their size; this could essentially mean their livelihood. Key Points and Takeaways Three key points for Construction Lenders to keep in mind: 1) Keep diversified […]

If You Use Your Daily Reports Correctly They Can Be More Helpful Than You Think

If You Use Your Daily Reports Correctly They Can Be More Helpful Than You Think

There are many reasons to complete and compile daily reports on your construction project, yet too often those involved don’t get what they could out of these reports. They’ll note a few aspects, like the date, what the weather was like, a general overview of the work done, and perhaps an overview of who and […]