Construction Payment Blog

We published a new article last week on the US Building Digest publication titled “Three Legal Tools to Reduce Your Days Sales Outstanding and Bad Debt.”  The US Building Digest...

A few recent posts have briefly outlined the importance and basic content of a sound credit policy. Many of the posts have noted that, for parties in the construction industry,...

The U.S. Postal Service is hemorrhaging money big time, and this week announced a plan to cut Saturday delivery to avoid potential insolvency. According to reports the postal service expects...

The credit policy is a critical document for any business, but especially one in the credit-heavy construction industry. Your company should clearly lay out its philosophy on extending terms to customers and collecting on...

Photo Credit: Brett Duke, Nola.com | The Times-Picayune Did you hear about the #Blackout?  Yes, our dear city subjected themselves to a national embarrassment when the lights shut off in the Superdome....

Note: Louisiana’s lien and notice laws changed on January 1, 2020, so some information in this post might be outdated. You can learn what changed and what rules apply here: Louisiana...

The construction and building material supply industries have significant credit challenges, as we’ve explored here on the Construction Payment Blog over the past few months. If you’re a credit manager...

Scott Wolfe Jr is now a contributing blogger to US Building Digest, one of the construction industry’s first online video magazines offering comprehensive content on all facets of the building...

If you extend credit to your customers, you know just how difficult it can be to get paid. Invoicing your customers requires attentive management and to have a successful A/R...

Super Bowl Brings Construction to New Orleans The Super Bowl is only a little over a week away, and this year, it’s being hosted in the Superdome – just a...