Most of the risk during construction projects comes not from performance issues, but instead from payment issues. As with most of us, general contractors are great at doing their jobs—in their case, construction—but are not necessarily adept at the paperwork or accounting side of the construction equation. Historically, 80-85% of construction defaults are due to errors in payments and/or funds disbursement. Specifically, the money is not getting distributed to the people who are performing most of the duties on a construction project—the subcontractors and suppliers. Many factors can contribute to this problem: poor management, accounting or paperwork errors, commingling of funds between projects (not a sound business practice), and, yes, although admittedly rare, even through the intentional diversion of funds.
Continue reading the GlobeSt here.

April 20, 2026
Demand is no longer the question. Across industries including banking, logistics, health care, and the public sector, organizations are scaling their digital infrastructure at pace. Artificial intelligence is accelerating that shift, driving higher-density computing requirements and sustained demand for resilient, high-performance facilities.

March 24, 2026
Partner's Director of ADCM and Tech Enablement, Brian Carlin, PE, spoke with Josh and Nic on the Facilities Unfiltered Podcast about how facility managers can get what they really need from their facility condition assessments.

February 09, 2026
A CMMS can only function as intended when populated with accurate, complete and consistent property-level data. Without that foundation, even the most advanced platform becomes difficult to use, unreliable and underutilized. Understanding what quality data looks like, why it is difficult to collect and how to approach asset data collection strategically is essential for FMs seeking real value from their CMMS investments. Read more on FMJ.com.




