A survey of 800 construction pros found a majority of firms dip into profit margins to maintain working capital.

Two construction lawyers detail how cost-plus, guaranteed maximum price and lump sum agreements work in light of higher ...

The subcontractor created fake invoices in the name of Galifi’s consulting company, JCJ Consulting LLC, on two separate instances to disguise the nature of payments, according to prosecutors.

During that time they never spoke on the phone. One invoice for example dated June 2019 involving Hutchison's business Just Construction has the "scope of work" involving "exterior cleanup and haul ...

Hutchison's subcontractors were scheduled for 20 ... Prosecutors showed multiple examples of invoice amounts exceeding Bailey Bark's quotes. Bailey will continue testifying Thursday.

For example, an average collection period of 25 days isn’t as concerning if invoices are issued with a net 30 due date. However, an ongoing evaluation of the outstanding collection period ...