Liquidated damages clauses are common in construction contracts. Learn why they exist, and how proper cash flow and time management can prevent their utilization.
We explore exactly what an income statement for a construction project is, how it’s used, and why it’s important.
What is a payment application in construction? What is typically requested as part of a pay app? Construction industry professionals at Flexbase have the answers.
A construction estimate template is crucial to staying on-budget, but what to include in the template will vary by project. Click here to learn more.
A construction contingency is crucial for preparing for the unexpected and avoiding financial issues caused by unexpected problems. Click here to learn more.
What is a stop notice in construction and how is it different from a mechanics lien? Everything you need to know about filing stop notices and getting paid sooner.
Looking for a construction invoice software program? Learn how Flexbase is revolutionizing the industry with its holistic billing software.
Need guidance on drafting a detailed scope of work? Construction companies must include comprehensive information in their SOWs. Learn how with our guide.
