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 2024.
Why a Career in Construction is More Than Just a Job
A fulfilling career
Latest from Construction Payment Blog
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 deeply aligned with Kodiak’s vision and business needs.
Expert Support in Complex Areas
From the
Innovation in Action: Levelset and Kodiak Partnership Driving Construction Payment Efficiency
In the ever-evolving construction industry, staying ahead means embracing innovation. We are proud to partner with Kodiak, a company that epitomizes forward-thinking and efficiency in managing construction payments. Our latest video showcases this dynamic partnership and highlights how Levelset’s innovative solutions empower Kodiak’s team to streamline processes, enhance visibility, and ensure they get paid promptly.
Louisiana Payment Bond Changes: What Material Suppliers Need to Know
Louisiana Governor Jeff Landry recently signed two significant pieces of legislation into law: La. Acts Nos. 758 and 761. These acts represent a substantial shift in how payment bond defenses are handled for sureties under both the Public Works Act and the Private Works Act. What makes these changes particularly impactful is their specific implications
Tips to Ensure That Your Document is Notarized Properly to Avoid Rejections
Getting paid in the construction industry is hard enough. Don’t let avoidable notarization mistakes get in the way of your path to payment. This article will give you all the tips and tricks you need to know to ensure your documents are properly notarized when it comes time to file your lien claims.
What Exactly
7 Ways to Improve Construction Site Safety
Construction is a risky business by almost any measure: It not only has one of the highest business failure rates of any industry, but construction work also sits atop the list of the most dangerous jobs. In 2019, the construction industry accounted for about 20% of all work-related fatalities in the U.S. Because this line
Environmental Regulations in Construction: What Contractors Need to Know
Construction activity is incredibly intensive work — creating the built environment is inherently disruptive to the natural environment. Governments balance the needs of both by requiring contractors, property owners, and others involved in construction to mitigate the effect of building activity on the environment, including air, water, and animal and plant life.
Environmental laws provide
Insurance for Electricians: What It Covers & Why You May Need It
At any given time, an electrician could be performing work on a construction project that involves high stakes. For example, a faulty connection somewhere along a circuit could trigger a fire that causes significant damage or total loss to the structure. This type of damage may leave electrical contractors unable to foot the bill.
Scenarios
How a Construction-to-Permanent Loan Impacts Contractors & Lenders
When a property owner wants to finance the construction of a new building, they typically have to obtain two loans: one loan for the mortgage on the completed home, and another for the land purchase and construction expenditures.
A construction-to-permanent loan can help owners save time and money — one loan and closing transaction streamlines
17 Alternatives to Common Building Materials
If necessity is the mother of invention, consider scarcity and inflation the grandparents of throwing your hands in the air and saying “Well, what can I order?” In recent years, material shortages and volatile material prices have slowed so many projects to a grinding halt. As a result, contractors and property owners are increasingly considering