Construction projects for the Federal Government, and also generally for State and local governments, provide workers and suppliers a guarantee of payment by the posting of payment and performance bonds. This gives the contractors and material suppliers on a project … Read More
KNOW THE DIFFERENCE: CONDITIONAL VS. UNCONDITIONAL WAIVER AND RELEASE UPON FINAL PAYMENT When working in construction, you regularly sign lien release forms before receiving payment. In some states, these forms are standard. from experience, you’ll probably know exactly what it … Read More
When it comes to schedules and timelines for construction projects, those with experience will agree there are too many possibilities of curve balls that just cannot be accounted for. However, if theres one thing all players involved expect, it’s to … Read More
To err is human, says the old adage and, arguably, few other proverbs capture the essence of human nature with equal accuracy and precision. Of course, some errors are more consequential than others. As a contractor in the construction industry, … Read More
Learn from the expert about how to ensure you too will get paid on federal projects. Every time. With over 30 years of experience, Hal Emalfarb, founder and General Counsel at National Lien and Bond, knows how to ensure you … Read More
The federal Prompt Payment Act affects anyone in the construction industry working on government projects, from general contractors, to subcontractors at all levels, to the materials suppliers. Most states have similar versions of the act that apply to public and … Read More
You finished a job on Tuesday, great. On Wednesday the property owner filed for bankruptcy, not so great. On Thursday you throw the file in the trash, you are never getting paid on this job. Or are you? Even if … Read More
The short answer is: Yes, mechanics liens are enforceable in a bankruptcy and can provide bankruptcy protection. If you filed in the past, you may have learned in many cases your lien may even prime the GC, Owner and Construction … Read More
Want to learn more about the power of a strong legal contract? Want to know how you too can draft a strong subcontractor agreement? Hal Emalfarb, founder and General Counsel at National Lien and Bond, came up with his winning … Read More
Did you know that in addition to state and federal jobs, most large commercial jobs have payment bond protection? In many cases enforcing payment bond claims is more effective than pursuing lien rights. You typically will want to enforce both … Read More
