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
Facing Bankruptcy, Movie Theater Chains Owe Millions to Contractors
Movie theater giant AMC Theaters is currently facing over $1.75 million in mechanics lien claims. This comes after the company reported a quarterly loss of $2.17 billion amid the coronavirus…
Construction Payment Blog
PA Court: Unreasonable to Base Liquidated Damages on Past Projects
Liquidated damages clauses are typically included in construction contracts to cover damages that may be difficult to calculate. Although useful, these damages can add up quickly. These types of clauses…
Construction Payment Blog
Construction Compliance & Safety During COVID-19
Many states are finally giving contractors the green light to go back to work. However, the jobsite during COVID-19 looks significantly different from the ones we last saw, just a…
Construction Payment Blog
Keeping Construction Cash Flow Positive During & After COVID-19
By Derek Jones
Editor’s note: Poor construction cash flow can lead to the downfall of construction business during any economy, good or bad. As the risk of bankruptcy increases in the age of…
Construction Payment Blog
10 Ways Contractors Leave Money on the Table
By Tom Scalisi
It may be hard to admit, but most construction companies are leaving money on the table in some way on almost all of their jobs. It doesn’t matter if your…
Construction Payment Blog
VT Sub Loses Claim After Failing to Request Change Order for Extra Work
Anyone working on a construction project should familiarize themselves with every aspect of their contract; most notably, the change order procedures. On May 29, 2020 the Vermont Supreme Court upheld…
Construction Payment Blog
Illinois Contractors Win Quantum Meruit Claim Despite Invalid Contract
Public works contracts can be incredibly lucrative. But they can also be difficult to navigate, given all the specific rules and requirements involved in contracting with the government. Strict adherence…
Construction Payment Blog
Getting Paid in Construction: Everything businesses need to do to get paid on time, every time
By Jonny Finity
Construction can be a tough business. Contractors, suppliers, and laborers need to have a high degree of skill and technical knowledge to build increasingly complex things. But they also need…
Construction Payment Blog
Why Subcontractors Don’t Send Prelims — And Why They’re Wrong
I work with a lot of subcontractors who never send preliminary notices (I call them prelims). Of course, these subs always give me a reason why they don’t use prelims.…
Construction Payment Blog
Getting a mechanics lien release bond is harder than you think
Subcontractors and suppliers can get a lot of pushback when they send a notice of intent to lien, or actually file a mechanics lien claim. The GC or property owner…