Tag: terms
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Behind the contract terms on today’s megaprojects
Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. Real work starts long before contractors hit shovels to the ground, especially on billion-dollar megaprojects. Lisa Stalteri, partner at Kansas City, Missouri-based law firm Lathrop GPM, knows this firsthand. She focuses on some of the country’s largest…
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Top 15 most confusing property terms in the UK revealed
A new study has revealed the property jargon confusing Brits the most, with leasehold topping the list as the term that leaves the most people scratching their heads. Researchers from landlord insurance specialists Alan Boswell analysed Google search volumes for 39 common housing terms, finding they collectively generate over 735,000 searches a year in the…
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American Express is connecting contractors to Billd’s extended payment terms for materials purchases
The business world has undergone a rapid digital transformation in recent years and industries with complex, traditionally analog operational processes – like the construction industry – stand to benefit. Construction businesses have a lot to juggle, including unpredictable pay cycles, which can be exacerbated by complicated on-the-ground operations and incongruent payment terms. Manual payment processes…