Kevin Lorenz's Articles

An Overly Soft Credit Environment Can Adversely Affect Small Contractors

Fast bond products or “quick issue” bonds have sped up the process of obtaining a bond for smaller projects. Quick turnaround and minimal underwriting—sometimes solely based on credit score—allow for speedy answers when time is of the essence. That’s the upside. The downside of this softer credit-based underwriting is that the relationship-building and counseling process can suffer. 

 

Mitigate Risk by Managing Information
Modern building and infrastructure projects generate a lot of data, and it’s...

Rethinking Health Care Construction
Outpatient and walk-in urgent care facilities are far less costly for organizations...

Pave It Forward
In September, The PHILLIPS School in Annandale, Va., debuted $150,000 worth...

2017 Construction Outlook
For now, it’s tempting to maintain a somewhat pessimistic outlook. A combination...

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