Construction is a tough business, and one of the most challenging aspects to construction is securing your payments through mechanics lien and bond claim management. Not only do the laws and requirements vary from state to state, they also vary depending on the project type (public vs. private, commercial vs. residential), and even on a company’s role on the project (prime contractor vs. subcontractor, etc.).
Oh, and did we mention that the laws are constantly changing, like they recently did in Texas for example? The bottom line: even though mechanics lien laws exist for the sole purpose of protecting construction companies, using those laws to your advantage can still be a challenge.