Government proposes new powers to tackle late payments

The government will introduce plans for new powers to tackle late payments to small businesses, including a ban on withholding of retention payments, a cap on payment terms and mandatory interest on late payments.

Judge Orders Feds to Release Funds for Gateway Hudson River Tunnel Hours After Officials Announce Project Suspension

The judicial order temporarily prevents the U.S. Dept of Transportation from withholding billions of dollars in federally awarded funds from the critical NY-NJ rail crossing. 

UPDATE: Judge Orders Feds to Release Funds for Gateway Hudson River Tunnel, Hours After Officials Announce Project Suspension

The judicial order prevents the U.S. Dept. of Transportation from withholding billions of dollars in federally awarded funds from the critical NY-NJ rail crossing. 

‘Our main contractor client is withholding payments. What can we do?’

This month’s contract clinic question comes from a subcontractor with a familiar frustration – not being paid. Peter Vinden looks at the options. The post ‘Our main contractor client is withholding payments. What can we do?’ appeared first on Construction Management.

Home REIT takes legal action against tenants withholding rent as sell-off continues

Home REIT has revealed its investment manager AEW is taking legal action against selected tenants that continue to withhold rent, as it continues to auction off assets.

Metroun - What Is Project Cash Flow In Construction, 11052022

Keeping track of cash flow on a construction project can be essential for a lot of companies. This video takes a look at what project cash flow is and the reasons why cash flow can become negative and consequently, a problem on a project