Liquidity

Liquidity

Liquidity If I learned anything from ten years operating the world’s largest workout firm for sureties engaged in construction bonding, it’s that liquidity (or the lack thereof) is the most important predictive metric on a construction company’s balance sheet. Economic…

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The R-Score

The R-Score

The R-Score “Let’s Add Some Science To Our Business” Some years back my surety consulting firm tackled job after job completing failed construction projects for the bonding companies that were increasingly having to finish failed projects. As one assignment followed…

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Cash Is King

Cash is King

IN THE CONSTRUCTION BUSINESS…CASH IS KING Construction contracting enjoys the 2nd highest failure rate in American industry  - right behind restaurants- THE CULPRIT - Late payment - an industry nightmare that violates our contracts and multiplies our risk. “I have experienced…

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