The Department of Defense has released the findings of its Defense Contract Finance Study, an effort to comprehensively assess the effect that DoD contract financing and profit policies have on the ...

HAMILTON, N.J.--(BUSINESS WIRE)--A new study from Dodge Construction Network, in partnership with GCPay, reveals that currently, only one in three (34%) of general contractors automate fewer than half ...

States have been slowly clawing back at a higher-tier’s ability to withhold payments owed to its lower-tier subcontractors, aiming to protect subcontractors from undue financial hardship and ensure ...

Many companies only vet and prequalify their prime contractors and suppliers, leaving subcontractors unchecked. This can lead to hidden risks due to a lack of visibility. Relying solely on prime ...

A combination of macroeconomic factors and a desire to drive top-line revenue continues to lead many subcontractors to underbid projects, sometimes unintentionally, ultimately contributing to ...