MC Consultants’ Post

🛠️ Funding Achievement: General Contractor 🛠️ A big congratulations to a Florida-based General Contractor who hammered down $275,000 in funding! 🔨💸 Term: 12 Months Time to Fund: Just 6 Days Caught between jobs but with a vision for the future, they're now geared up with the materials and equipment needed to build their dreams into reality. 🏗️🌟 #ConstructionFinance #ContractorSuccess #EquipmentFunding #Nationwidefunding #BusinessFinancing 👷♂️ In the construction biz and need a foundation for your financial needs? Why not see how we can construct the perfect funding solution for you?

Many contracts refer to a 'grant' of an extension of time to the Contractor as if it's a gift, a favour from the Superintendent. Words matter, and they shape the behaviour of those involved in the project. We should call it what it is: making the completion date later due to certain listed delays. #collaboration #constructioncontracts

Attention all contractors! Don't miss out on getting paid for your hard work. Find out how preliminary notices and notices of intent to lien can help you secure complete payments and avoid the headaches of unresolved disputes. Knowing how to navigate these crucial construction notices is essential for success in the industry! #ConstructionIndustry #GetPaidWhatYouDeserve 🚧💰"

When everyone in construction is feeling the pain, everyone’s willing to listen. A roofing contractor in West Texas, a solid company we’ve been in partnership with for a while, faced a project with a huge material and labor bill they couldn't adjust. Despite their best planning and healthy margins, this job (a bonded project) with less flexibility than private projects and higher associated risks—ended up costing them half a million dollars, a staggering blow for a business not making that much net profit in a year. This huge financial hit also had ripple effects across the board. And what happened? When the pain is not mutual, the construction world is all about offloading risk—banks to developers, developers to general contractors, and so on down to subcontractors and suppliers. But when the pain is mutual, the readiness to find solutions increases. And that's what exactly happened. It’s not about assigning blame; it’s about finding ways to work through these challenges together. For instance, maybe the GC can convince the owner to direct purchase materials, or they can reorganize the Schedule of Values to help the subcontractor free up some extra cash to pay for the changes required. These conversations, these strategies for change, are what we need to focus on. How can we adapt our practices to support each other better? How do we navigate the financial complexities of construction more efficiently? Share your thoughts. How do you find ways to support each other in navigating the complexities of construction finance together? #construction #constructionindustry #businessgrowth

https://lnkd.in/dp9HB6KX Responsibilities Provide warranty support to Construction Department, which will include frequent communication/ interface with homeowners. Provide administrative assistance to the Construction Department, including organizing and filing documents. Assist as requested in processing and acquiring permits from the city and setting up meters. Assist in assembling contract paperwork concerning independent contractors. From time to time must complete projects with short notice in extreme time constraints....... #PA2ASSISTRevolution #GlobalAssistantConnect #BusinessEmpowerment #VirtualPAPlatform #SkillMatchmaking #EfficientAssistance #QualityServiceConnection #SimplifyDelegateThrive #PA2ASSISTImpact #EmpoweringCollaboration

How do you reduce risk as a financial stakeholder on a construction project? Start with The Barton Group’s inspection services! We can help to: Review project drawings, specifications, and contracts Review project budgets Review appraisals and pricing Our team: Reviews onsite progress Provides detailed reports Evaluates payment applications Who benefits? Commercial lenders Title companies Developers Municipalities Private building owners Get the peace of mind that your financial expenditures are paying for completed, successful construction by using our team’s 70+ years of experience.

Sureties underwrite the bonding for construction projects. Without bonding, contractors are unable to move forward with projects. We asked two sureties to share what they look at when reviewing a contractor’s financial statement. Here’s what they said. #construction #sureties https://bit.ly/3vDUI6o

Construction contractors, gain insight directly from two sureties. Learn the top things they look at in your financial statements before underwriting bonding for projects. #construction #constructionaccounting

Sureties underwrite the bonding for construction projects. Without bonding, contractors are unable to move forward with projects. We asked two sureties to share what they look at when reviewing a contractor’s financial statement. Here’s what they said. #construction #sureties https://bit.ly/4arsI4S

No contractor wants to face preparing a claim for additional time or compensation on a project, but these problems do arise. Join Christopher Horton for Session Three of ABC Institute’s Contractor Best Practices webinar series on September 20, where he will discuss how to preserve and present the most common types of claims. Click here to register: https://lnkd.in/gScytTVP #constructionindustry #constructionclaims #constructioncontractors #smithcurrie