Menu
Home>Levelset Community>Legal Help>What types of businesses does L&B not apply to?

What types of businesses does L&B not apply to?

TexasRight to Lien

My company has the following customer types and we ony collect Job information on New Construction Plan/Spec? Is that in line with laws or just some internal decision we made? Customer Types Industrial, Distillery, Brewer Original Equip. Manufacturer Engineer Lochinvar Representative Hotels, Resorts, Prop Mgmt NULL Wholesale Distributor Inst, Coll, Hosp, Correction New Construction Plan/Spec Stocking Wholesale Partner Service and Repair Contractor Itron Representative Exporters of Products Military, Federal, Municipal Local Competitor Bell & Gossett Rep Property Management Engineering Contact Customer Cash or Credit Card Cust.

1 reply

Mar 10, 2020
Generally, it's a good idea to collect job information for all projects - regardless of the project type. Having that information in hand is important for securing payment, and most customers should respect or at least understand the need for having that info on file. While it'd hardly be surprising to hear that certain companies decide that payment protection is only necessary on certain project types, I don't know that's a particularly wise approach. Keeping all recovery options open for all jobs makes more sense. And, if a company decides not to utilize the recovery tools available to them, at least that was a decision they were empowered to make on their own terms. Finally, assuming "L&B" might refer to "liens and bonds," keep in mind that mechanics liens are generally available for privately-owned construction projects, and payment bond claims are typically appropriate for publicly-owned projects. More on that here: The Difference Between Public and Private Projects. Additionally, a lien on funds can also help to recover payment on Texas public jobs.

Additional resources on Texas mechanics liens and payment bonds

Here are some additional resources on Texas mechanics liens and payment bond claims, the resources below should be valuable. - Texas Mechanics Lien Guide and FAQs - Texas Bond Claim Guide and FAQs
0 people found this helpful
Helpful
Related Topics