Organization
Levelset
Website: levelset.com
Levelset helps contractors and suppliers get payment under control, facilitating smooth payments and successful projects.
858 published works
Construction Payment Blog
Do Contractors Need Builder’s Risk Insurance?
Insurance is one of the most important investments a company makes. It protects them from unforeseen damages due to actions outside their control. There are many types of insurance available…
Construction Payment Blog
Contractor’s Affidavit of Payment: Examples & When to Use It
A contractor’s affidavit provides reassurance to the project owner that all contractors and vendors on the project have been paid for the work they provided. By signing the form, the…
Construction Payment Blog
10 Types of Construction Companies & What They Do
By Tom Scalisi
Whether it’s a family home, an apartment building, or a skyscraper, make no mistake: A construction project contains many moving parts. But, unlike the gears, pistons, and hydraulics in the…
Construction Payment Blog
The Pitfalls of Equipment Leasing: Saving a Contractor from Bad Lease Terms
Growing a construction business often requires the use of debt or other forms of construction financing to fund large capital expenditures, particularly equipment. Whether your trade requires significant investment in…
Construction Payment Blog
Nebraska Contractor Licensing: Guide to Registration & Local Requirements
By Tom Scalisi
Starting your own contracting business in Nebraska is a big and exciting step. When you start your own company, you’ll be able to call the shots and take the business…
Construction Payment Blog
What Residential Contractors Need to Know About the Connecticut Home Improvement Act
Residential and restoration contractors working in Connecticut need to be aware of the provisions of the Connecticut Home Improvement Act so they can ensure that they are in compliance, their…
Construction Payment Blog
Using the New AIA Residential Contracts: Guidance for Contractors & Home Builders
The American Institute of Architects (AIA) recently released two new AIA residential contract templates for home builders. The A111 – 2021 is a contract between a homeowner and a home…
Construction Payment Blog
Little Miller Acts: Bond Requirements on State Construction Projects
All 50 US states have adopted ‘Little’ Miller Acts. These laws protect first-tier subcontractors and suppliers on state-funded projects, ensuring that they get paid. Since public projects are not subject…
Construction Payment Blog
Hold Harmless Agreements: A Contractor’s Guide [With Free Template]
By Tom Scalisi
There are a lot of risks involved in construction projects and the industry as a whole. Between physical safety, materials pricing, delays, and hundreds of other gambles, things can happen.…
Construction Payment Blog
Top 6 Misunderstandings Between Residential Contractors and Homeowners — and How to Avoid Them
In a perfect world, a residential construction or remodeling project would go off without a hitch. The contractor gets paid, the homeowner is happy and everything works out. Unfortunately, though,…