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Always a priority of any IT platform, security and data privacy is just as important in the construction industry as they are in banking. Organizations that have not invested in hardened, integrated digital solutions are putting their companies and the many clients they service at risk. Beyond the software.
More than 60 speakers and presenters—including Viewpoint—will share more than 11 hours of groundbreaking educational presentations, panel sessions and more. Contractors can analyze project data and make immediate, actionable decisions which greatly mitigates project risks, safeguards against delays and improves productivity and profitability.
Banking & Credit Crisis. Earn Continuing Education Credits. Contractors Should Beware of Recovery Risks. Description: Contractors face recovery risk when they take on too much work after they’ve depleted their staff, cash and other resources. Risk management. Gulf Oil Spill. Building Types. Construction Methods.
In other words, you use the stuff we post here at your own risk. Watch for Bank Shield Laws in Dealing with Lenders. A developer found out the hard way about laws that shield banks. Thus, the bank won and the developer was left to deal with the subcontractors. No Arbitration for Aesthetic Effect » July 22, 2005.
Alignment of risk and reward with a party’s ability to control risk. Construction Cost Workbook – 2002 – Conference on the International Comparison Program World Bank. Creating a culture of partnership among all stakeholders. Creating an open information environment. They also select the construction delivery method.
Peterson , a construction finance educator and author, “The retention in the retention receivable account is not collectible yet because the contractor has not earned the right to receive it.” Debit Credit Bank or cash $90,000 Retention receivable $90,000. Debit Credit Bank or cash $10,000 Retention receivable $10,000.
Banking & Credit Crisis. --> Companies. Earn Continuing Education Credits. Equipment rentals allow contractors to shift downtime risk while trimming expenses, including licensing, insurance, taxes and debt, among others. Gulf Oil Spill. -->. Building Types. Construction Methods. Sustainability. Haiti Reconstruction.
You Want Money; Banks Want To Lend Money, What''s The Problem? Multiply That By 100,000 And You Will Begin To Understand Why Banks Seem So Tight Fisted About Loaning Money. Banks stay in business is by loaning money and earning interest. The Risk Management Association (RMA). A Bit Of History Helps With Understanding.
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