Dotted Line: What a recent Massachusetts ruling means for prompt payments in construction

The state’s highest court underscored how contractors need to follow the letter of the law when withholding disputed payments.

World Cup Spotlights LA Airport People Mover's Costly Delay

How the construction consortium obtained an added $880 million in payments.

Menzies warns of cash flow crisis

Accountants Menzies have surveyed the building sector, with Censuswide, and found 93% facing late payments, with invoices now 53 days overdue on average.

Trading in Hercules shares resumes after audit concerns

Whistle blower "raised concerns relating to payments made to a limited number of training and consultancy services providers"

Retentions axe will take three years to fall

Payments Bill sets out transition period before cash retentions finally outlawed

RICS - Risk management and the giga-projects of the Middle East 20062023

In a region that has the world’s highest risk of cost overruns, how can project risk at this scale be effectively managed amidst on-going global headwinds? How can new technologies be effectively integrated? And what are the essential considerations for businesses wishing to manage risks in giga-projects of this scale and technological advancement?

Harbr

Harbr's secure platform enables fair payouts on early payments for contractors and better funding alternatives for clients.

Payar

Get paid for the work you've done instead of using credit, factoring, or invoice financing. One-time fee instead of interest payments Just a single early pay discount that you choose instead of ongoing borrow fees and interest payments. Control your costs and terms Set your own terms on payout timelines that make sense to your businesses needs.