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Construction Payment Blog

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Kentucky Contractor Licensing Guide

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The state of Kentucky requires contractors in electrical, plumbing, and HVAC to secure a state contractor license, while most other contractors are regulated by municipality. We’ve put together a comprehensive...

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What Is Deferred Revenue?

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In most cases, income from sales is recorded at the same time as the work is invoiced or payment is received. This is the way most contractors and suppliers record...

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20 Types of Contractors in Construction

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There are many different types of contractors in the construction industry, and they each have a specialized job. Other than very small construction projects, it’s almost impossible to take a...

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3 Myths About Sending Lien Notices

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There seems to be a lot of mystery surrounding the effects of sending a preliminary notice (also called a “notice to owner” or “notice of furnishing”). Although this document is...

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