Levelset is excited to team up with American Express to provide our trusted lien rights management tools to eligible merchants who accept American Express [at a discount]. Our lien rights management solution is designed to help construction professionals save time managing their lien rights, reduce financial risk, and lower their Days Sales Outstanding (DSO). We are
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The Consequences of Overstating Claims Under Colorado’s Public Works Act
A recent Colorado Court of Appeals decision offers essential guidance for subcontractors filing claims under the Colorado Public Works Act. The case clarifies what can and cannot be included in a verified statement of claim, particularly concerning delay damages, and highlights the severe consequences of filing an excessive claim. The outcome serves as a cautionary…
Kodiak’s Full Story: How Levelset Helps Their Growth and Streamlines Payments
At the heart of any successful business relationship is a genuine partnership. That’s exactly what Kodiak has experienced through their collaboration with Levelset. As one of the largest building materials suppliers in the U.S., Kodiak operates in 29 states and knows the importance of efficient processes and getting paid on time. They’ve found that partnering…
Project Research Matters: Lessons From a Recent New Jersey Lien Case
In the construction world, getting paid for your hard work is crucial. One of the most effective ways to secure that payment is by filing a construction lien. But the devil is in the details. Filing a proper lien claim requires accurate information. A recent case out of New Jersey, Green Field Construction Group, LLC v.…
Careers in Construction – Building a Future, One Skilled Professional at a Time
October is Careers in Construction Month, a time to celebrate the vital role construction professionals play in our communities. The construction industry continues to face a well-documented workforce shortage, with an estimated 546,000 additional workers needed to meet demand in 2024.
Why a Career in Construction is More Than Just a Job
A fulfilling career…
Beyond Partnership: How Levelset and Kodiak Collaborate for Success
In today’s fast-paced construction industry, it’s rare to find partnerships that transcend the transactional. That’s exactly what makes the relationship between Levelset and Kodiak unique. More than just two companies working together, they’ve developed a strategic, collaborative partnership that is deeply aligned with Kodiak’s vision and business needs.
Expert Support in Complex Areas
From the…
Innovation in Action: Levelset and Kodiak Partnership Driving Construction Payment Efficiency
In the ever-evolving construction industry, staying ahead means embracing innovation. We are proud to partner with Kodiak, a company that epitomizes forward-thinking and efficiency in managing construction payments. Our latest video showcases this dynamic partnership and highlights how Levelset’s innovative solutions empower Kodiak’s team to streamline processes, enhance visibility, and ensure they get paid promptly.…
Louisiana Payment Bond Changes: What Material Suppliers Need to Know
Louisiana Governor Jeff Landry recently signed two significant pieces of legislation into law: La. Acts Nos. 758 and 761. These acts represent a substantial shift in how payment bond defenses are handled for sureties under both the Public Works Act and the Private Works Act. What makes these changes particularly impactful is their specific implications…
Tips to Ensure That Your Document is Notarized Properly to Avoid Rejections
Getting paid in the construction industry is hard enough. Don’t let avoidable notarization mistakes get in the way of your path to payment. This article will give you all the tips and tricks you need to know to ensure your documents are properly notarized when it comes time to file your lien claims.
What Exactly…
4 Ways Materials Financing Can Help You Recession-Proof Your Business
By Dacia Idom
Managing cash flow in the construction industry is difficult in any economy, but during a recession, specialty contractors face even more financial challenges than usual.
During the Great Recession, more than 150,000 construction firms closed their doors, and 2 million construction workers lost their jobs. One of the most significant challenges during that time…