Because of the protection afforded by lien waivers, and due in part to the ongoing risk-shifting battle that occurs over construction payment and the risk of non-payment, it is an...
When a contractor or supplier isn’t paid on a construction job, s/he may be tempted to walk off the job site or take back the materials or equipment and decide...
If you're a contractor on a job and you're having trouble getting paid, a mechanics lien (or a bond claim) can be just the tool you need to help with...
Knowing how the payment [surety] bond claim process works is essential for construction companies working on public projects. The 4 steps are covered in detail here, along with practical advice...
In construction one bad loss can break the bank and hurt your overall bottom line for the year. This is especially true if the project has a large contract or...
It’s no secret that the construction industry faces difficulties in payment and associated problems related to cash-flow management. Because of these difficulties, it's usually important for a construction company accountant...
A mechanics lien allows a party to encumber somebody else's property - even if the lien claimant didn't contract with the property owner - and foreclose on the property and...
P3 projects are often pegged as an infrastructure play, but they work with other projects, too. There's reason to believe that HUD will use P3 projects for affordable housing projects...
In most cases, the general required preliminary notice for the project's state is sufficient to protect the potential claimant with respect to all s/he is owed on the project, including...
“It is fortunate for Kansas that you have brains.” ~L. Frank Baum, The Wizard of Oz All too often, construction industry participants are finished with work and left waiting for...