Last updated: Jul 16, 2021
Published: Jul 02, 2018
Reading time: < 1
Recommended for you
How to Protect Your Payments When Dealing with a Construction Bankruptcy
Bankruptcies in the construction industry are unfortunately very common. Learn how a mechanics lien can help make sure your company...
What Is a Notice of Completion?
What is a Notice of Completion? As anyone reading this surely knows, the construction industry loves its documents! There's a...
What Is a Notice of Commencement? Your Guide with Form Downloads
Typically, the filing of a notice of commencement by the property owner or other top-of-chain party affects preliminary notice and...
The Ultimate Guide to Retainage in the Construction Industry
The practice of retainage, aka retention, has a tremendous impact on the construction industry. Learn how retainage works on different...
What Is a Construction Schedule of Values? [Free Template Download]
A Schedule of Values is an essential tool used in construction project accounting that represents a start-to-finish list of work...
Construction Punch Lists Explained
Punch list work might seem minor, but it has an improportionate impact on payment. Without getting punch work out of...
What Is A Joint Check Agreement?
While joint checks and joint check agreements are common in the construction business, these agreements can actually be entered into...
Lien Waiver vs. Lien Release: What’s the Difference?
Lien waivers and lien releases are completely different documents (even though they are often confused by the construction industry). Read...