For General Contractors
Risk mitigation for a complex construction supply chain
Keep a pulse on the health of your supply chain
Proactive Risk Management
Identify red flags early through ongoing monitoring of subcontractor health, allowing your team to be more proactive.
Critical Risk Insights
Discover risks in critical areas, such as IRS liens and judgments,
early to minimize their impact and keep your projects on track.
Streamlined Management
The service removes the burden of managing subcontractor health internally, allowing you to utilize your team’s time more productively.
Avoid liens, commingling
of funds, and subcontractor liquidity challenges
Managing payments in construction can be complex. Our waiver management and prompt payment services help you prevent liens, keep financial boundaries clear, and protect against subcontractor cash flow issues. Ensure every lower-tier sub is paid in full, with all documentation securely collected and stored, so you can focus on running your projects efficiently.
Waiver Management Service
Take advantage of our waiver management service, which independently verifies all known lower-tier subs and collects and stores all related documentation, ensuring that lower-tier subs have been paid in full.
Optimize Payment Release
Maintain control by only releasing subcontractor overhead and profit after all direct project liabilities have been paid.
Prompt Payment Protection
Utilize our "prompt payment" funds control service to add liquidity to the supply chain and prevent property liens.
Track your cash flow from owner to supplier
Ensure project liabilities are paid
Avoid the fallout from commingling of funds via funds control, with advanced payments directly to lower tier subs for payroll and materials.
Avoid Project Setbacks
Prevent project delays by ensuring all project liabilities are paid promptly and lien waivers collected.
Strengthen Payment Security
Reduce Fraud Risk by adding the Observ oversight and reduce the risk of unauthorized payments.