A good subcontractor can be hard to find. Caterpillar's Jason Hurdis shares tips for finding reputable subcontractors in your area and how to vet them to make sure you get the expertise you want.
Managing subcontractors is often one of the trickiest parts of a build. As projects grow more complex, with overlapping tasks, tight timelines and increasing client expectations, keeping trades ...
Every successful relationship requires honesty, trust, respect and cooperation. Here's how to apply those principles to your subcontractor relationship. Every successful relationship in our lives – ...
Drafting and negotiating subcontracts can be tricky for both general contractors and subcontractors. General contractors are caught in between owners and subcontractors as the ones that will be held ...
Subcontractors introduce significant risks to extended supply chains. Hiring companies need direct visibility and oversight to protect their operations. A strong subcontractor risk management program ...
Construction projects today are growing in complexity as labor shortages, supply chain issues, and rising costs persist. As a result of unpredictable risk exposures like these, surety bonds continue ...
Cash flow is a constant challenge for lower-tier subcontractors and suppliers in the construction industry. Engaging in factoring—the assignment of accounts receivables to third-party lenders or ...