Finance and Risk Educational Library

A knowledge base built for construction professionals. Brush up on the fundamentals, or dig deeper with advanced topics in financial and risk management.

Fundamentals | Finance & Accounting | Risk Management

Fundamentals of Construction Finance & Risk

Build a solid foundation with the basics of financial and risk management in construction.

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Construction Risk Management: 5 Steps to Reduce & Mitigate Risk

Construction is a risky industry, with one of the highest...

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Introduction to Construction Accounting

Construction companies have to make difficult choices among many financial...

Illustration of construction bond documents.

A Contractor’s Guide to Construction Bonds

Many construction projects today require that contractors provide bonds. A...

Illustration of people looking at dollar sign in front of financial statements and a construction site in the background.

Types of Capital for Construction Businesses

Construction companies need capital to get off the ground, stay...

Construction Finance & Accounting

Learn how construction businesses effectively manage working capital, accounting processes, and company growth.

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7 Tips to Improve Accounts Payable in Construction

The importance of accurate accounts payable and other accounting records...

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The Construction Bidding Process Explained

Understanding how the construction bidding process works can help your...

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The 5 Key Types of Construction Contracts

There are five common types of construction contracts: lump sum...

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Contractor Financing: The Complete Guide

The financial success of a construction business depends largely on...

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Risk Management

Learn how to identify, mitigate, and manage the variety of risks construction businesses face in the industry.

Man in hard hat review documents with another man in front of construction equipment.

10 Common Construction Risks for Contractors & Owners

Construction is a tough, often volatile industry, with one of...

Construction workers standing on jobsite looking up at scaffolding.

Builder’s Risk vs. General Liability for Contractors: What’s the Difference?

Construction businesses need many different types of insurance to mitigate...

Parking garage under construction in a city.

Performance Bonds for Contstruction Explained

Performance bonds provide a guarantee that a contractor will fulfill...

Man in hard hat reviews document in front of electrical station.

Contractor Bonds vs. Insurance: What to Know

As a contractor, it’s important to have the right protections...

Recent Articles


Lump Sum Contracts in Construction

A lump sum contract provides a fixed price for completing...

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What Is a General Contractor? 

In the construction industry, a general contractor is the person...

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Bidding on Government Construction Contracts: A Contractor’s Guide

Winning a government construction contract can be lucrative for contractors....

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9 Types of Construction Companies & What They Do

Whether it’s a family home, an apartment building, or a...

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