-
Industry Watch: Why Owners Must Treat Prompt Payment and Holdback Reforms as Strategic Risks — Not Just Legal Mandates
On a recent capital program call, an owner asked — “Are prompt payment laws really going to affect us?”The short answer: not just if you’re in Canada — but soon enough if you manage cross-border capital projects. Recent Canadian reforms aren’t isolated legal quirks. They reflect a global shift toward shorter payment timelines, stricter holdback…
-
Industry Watch: Employment Compliance Is Becoming a Procurement Risk — Not Just an HR Issue
Employment compliance has quietly moved from the back office to the jobsite. Owners are starting to feel it.Contractors are starting to worry about it.And procurement teams are increasingly being asked to manage the consequences. New employment verification requirements, combined with heightened enforcement activity, are changing how commercial construction projects should assess risk before contracts are…