Executive Profiles

How does incorporating dispute resolution into a contract along with procedures to encourage transparency and collaboration among parties help when an issue arises? Bryan Thomas Partner Bradley Arant Boult Cummings LLP Dispute provisions should be designed to encourage transpar...

Financial technology helps contractors get paid and pay out faster. What other benefits do fintech solutions offer? Guy Saxelby CEO and Co-Founder Earlytrade Fintech in construction can help solve one of the highest-impact problems facing the entire industry: cash flow. It’s ...

A family person first, Henley Construction President and 2024 Associated Builders and Contractors National Chair Buddy Henley has always prioritized his relationships—with his father, daughters, employees, ABC national committee counterparts and chapter members—because he knows p...

Best practices for managing cash flow year-round. Jon Zeiler Partner Crowe A balance sheet and income statement do not tell the whole story. Managers of construction companies must be monitoring and forecasting cash to make the most informed managerial decisions and properly...

If a major project is interrupted or canceled, are there any laws that provide protection for unpaid contractors that have performed work? Angela Richie Partner, Co-Chair, Construction Practice Group Gordon Rees Scully Mansukhani With the current volatility and uncertainty in t...

What affects a contractor’s ability to increase bonding capacity? David Zabel Associate Vice President, Surety Home Office Underwriting IAT Surety, a division of IAT Insurance Group As materials prices continue to rise and the competitiveness for labor creates an increase in wa...

What should contractors know about the three Cs used to evaluate contractors? Nick Newton President National Association of Surety Bond Producers Though sometimes thought of as insurance, surety really acts as a credit arrangement in which the surety company assesses the charac...

What are the telltale signs that your current construction software isn’t getting the job done? Zulq Malik Chief Happiness Officer SMARTBUILD Knowing if your project management system is not getting the job done is directly indicated by having spreadsheets and or workarounds in...

What are the key considerations for succession planning? Tracy Allen Partner, Construction Aldrich CPAs + Advisors Developing a succession plan is a marathon, not a sprint. Careful thought and consideration should be given to determine who your key leaders are, and identify the...

How can construction firms protect themselves during materials shortages? Rob Remington Partner Hahn Loeser & Parks LLP A contractor must ensure that it: Limits, without exception, any bid that includes materials to the timeframe committed to by the materials supplier for pric...