Invoice “factoring” is a financing arrangement in which a subcontractor sells outstanding invoices to a factoring company. Here’s how it works. After the contractor signs a “verification” (or ...

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 ...

Large construction projects often take a long time to finish, and subcontractors can get caught up in the flow of money, waiting, in certain circumstances, up to 80 days to be paid by general ...

PNNL did not always obtain conflict-of-interest disclosures from consultants, said one finding.

In the property restoration industry, time and materials (T&M) mitigation invoicing can be complex and, if not handled carefully, fraught with errors. Claims professionals often find themselves ...

As your subcontracting company evolves, your business infrastructure needs to keep up with it. These days, there are so many technology options for accounting that can complicate the process of ...

Upon receipt of a fully executed subcontract agreement and subcontract NOA from PASA the department administrator (or designee) initiates a requisition within PeopleSoft to request a blanket Purchase ...

This section deals with the administration of property, either titled to CU or to the sponsor (including Government) property, located at or accountable to a subcontractor of the university. Property ...