Guest 1 2019-03-21
What exactly does this mean; “Liens – Subcontractor (which is us in the case) agrees to satisfy, remove or discharge any lien or claim , at its own expense, by bond, payment or otherwise, within ten (10) days of the date of filing of a lien or claim. (This sounds like a circle and makse no sense to me) Can someone explain? Thank you.
9 months ago
This is No. 16 on a “Short – Form Subcontract Agreement”. We are the material supplier / installer on a project hired by the GC.
I do not understand this part of the agreement, and until I can explain it to our controller, she will not sign off on this Agreement.
Nate Budde 2019-03-22 https://www.levelset.com/payment-help/reply/reply-to-what-exactly-does-this-mean-liens-subcontractor-which-is-us-in-the-case-agrees-to-satisfy-remove-or-discharge-any-lien-or-claim-at-its-own-expense-by-bond-payment-or-otherwise-wi/
Chief Legal Officer Levelset
9 months ago
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