Contractors operate with low profit margins as it is, so absorbing the increased cost of materials and labor is usually not an option.
There are three main ways contractors can effectively deal with construction cost increases: financing building material purchases,
Levelset
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Empowering Women in Construction: Insights from the Intersection of Technology and Credit
The construction industry has long been perceived as a male-dominated field, but women are increasingly making their mark, especially in areas like technology and credit management. As we celebrate Women in Construction Week, it’s crucial to recognize the unique perspectives…
Join Levelset and Procore at ABC’s 75th Annual Convention in Las Vegas!
The Associated Builders and Contractors (ABC) Annual Convention is back, and this year, it’s bigger than ever as ABC celebrates 75 years of advancing the construction industry! From February 25-27, the industry’s best and brightest will gather in Las Vegas…
Changes to Illinois’ Mechanics Lien Laws Simplifies Notices in 2025
Starting January 1, 2025, Illinois subcontractors will see significant changes to how they can deliver lien notices under the Illinois Mechanics Lien Act. The updated law introduces more flexible delivery options and clearer timelines and reinforces the process for protecting…
Levelset and American Express Team Up to Empower the Construction Industry
Levelset is excited to team up with American Express to provide our trusted lien rights management tools to eligible merchants who accept American Express [at a discount]. Our lien rights management solution is designed to help construction professionals save time managing…
The Consequences of Overstating Claims Under Colorado’s Public Works Act
A recent Colorado Court of Appeals decision offers essential guidance for subcontractors filing claims under the Colorado Public Works Act. The case clarifies what can and cannot be included in a verified statement of claim, particularly concerning delay damages, and…
Kodiak’s Full Story: How Levelset Helps Their Growth and Streamlines Payments
At the heart of any successful business relationship is a genuine partnership. That’s exactly what Kodiak has experienced through their collaboration with Levelset. As one of the largest building materials suppliers in the U.S., Kodiak operates in 29 states and…
Project Research Matters: Lessons From a Recent New Jersey Lien Case
In the construction world, getting paid for your hard work is crucial. One of the most effective ways to secure that payment is by filing a construction lien. But the devil is in the details. Filing a proper lien claim…
Beyond Partnership: How Levelset and Kodiak Collaborate for Success
In today’s fast-paced construction industry, it’s rare to find partnerships that transcend the transactional. That’s exactly what makes the relationship between Levelset and Kodiak unique. More than just two companies working together, they’ve developed a strategic, collaborative partnership that is…
Careers in Construction – Building a Future, One Skilled Professional at a Time
October is Careers in Construction Month, a time to celebrate the vital role construction professionals play in our communities. The construction industry continues to face a well-documented workforce shortage, with an estimated 546,000 additional workers needed to meet demand in…