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Construction Payment Blog

Get help with everything you need to know about construction payments.

What Are Construction Draw Inspections?

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On construction projects that are funded by a bank, construction draw inspections are conducted to confirm progress. Before the bank disburses additional progress payments, they want to verify that the...

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What is a Mineral Lien?

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A mineral lien, also called an oil and gas lien, is a lien that attaches to the mineral rights, material, machinery, equipment, and/or leasehold interest in a property. A mineral...

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What are Transmittals in Construction?

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On a construction project, transmittals provide specific proof of what was sent, who it was sent to, and when it was sent. They help document the flow of information during...

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