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How Retainage Impacts Your Bottom Line During Construction?

What’s your profit margin? Think through how retainage impacts your bottom line during your projects. In 98% of your projects, the retainage will flow down to you. What can a prime contractor do when all they have is heavily mortgaged land and owe their subcontractors.

Pay-If-Paid Clauses Banned From Virginia Construction Contracts

Virginia Senate Bill 550 prohibits pay-if-paid clauses, amends Virginia’s Prompt Payment Act relatively new wage theft statute. Law applies to public constructions contracts, private construction contracts with at least one general contractor, one subcontractor.

Harrisburg architectural firm sues Williamsport developer, claiming theft of intellectual property

Architect sues client for using work without payment or permission after being dismissed from project

A Pennsylvania-based architecture firm has filed a civil lawsuit in the state’s Middle District Court against a former developer client for breach-of-contract and copyright infringement. Murray Associates Architects filed the suit against Pine Ridge Construction Management on March 28th.

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