Fund Control in Construction: What Contractors Need to Know To Get Paid
While it isn鈥檛 extremely common, you may find yourself on a project that is using construction loan fund control. If you aren鈥檛 familiar with it, it can seem a bit...
Get help with everything you need to know about construction payments.
While it isn鈥檛 extremely common, you may find yourself on a project that is using construction loan fund control. If you aren鈥檛 familiar with it, it can seem a bit...
Finishing a construction project without a lien claim is everyone’s financial goal, and each party has a role to play. With a little homework, good communication, and proper documentation, mechanics...
The results of the 2020 National Construction Payment Survey are in, and the data shows how badly the current construction payment process is working. That survey also shows that as...
In times like these, getting a document notarized can be difficult. Some construction contracts have language that requires contractors to notarize certain payment documents. They may ask you to notarize...
There are lots of ways to screw up a mechanics lien or bond claim – and lose your ability to enforce your payment rights. One of the most common mistakes...
As a guy with forty years in the trades, I should have a bookcase full of stories about getting raked over the coals by customers. But when I look back...
A perfected mechanics lien is one that has met all the requirements needed to be considered effective and enforceable on a property. While mechanics liens are incredibly effective at getting...
While on-site construction work continues in many states, COVID-19 has changed the game for construction businesses, forcing most office staff to work from home. Separated from their office resources, credit...
For subcontractors, getting a deposit payment on a project is a good way to improve cash flow and ensure that you can pay for your materials. For GCs, being asked...
If your NY construction contract has a Pay-When-Paid stipulation, you might feel like your only option is to wait it out. That’s not a great feeling! However, it鈥檚 important that...
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