Contracts are for lawyers, or at least they should be. General Contractors, subcontractors, and just about everyone else involved in the construction industry is faced with more and more contracts every year. The more familiar you can be with how … Read More
What Is a Waiver of Lien Form? When a contractor, subcontractor, supplier or someone else associated with a construction project is unpaid for work performed, they have legal rights to file a lien to protect their interests. But when that … Read More
Many contracts in the construction industry include clauses relating to liquidated damages, a form of damages where the amount liable upon breach can be found in the contract itself. Liquidated damages are meant as a fair representation of losses in … Read More
Mechanics liens in the construction industry are commonplace. In short, they are the legal mechanism for subcontractors, suppliers, and other people and companies involved in a construction project to protect their right to get paid for work performed or materials … Read More
The Five states that require a Notice of Commencement to be filed before a construction project can begin are; Michigan, Iowa, Florida, Georgia and Ohio. What you Need to Know About Michigan In Michigan, this document must be filed with … Read More
How does the schedule of values affect your contract? Most contractors and subcontractors believe that a good and enforceable contract is all that is needed to protect their rights. While there is some truth in that belief, it remains incomplete. … Read More
In the construction industry, contractual relationships between a general contractor and various subcontractors are the norm. It’s simply the way business is done. The general contractor may not perform any work at all on the project and can be seen … Read More
Every subcontractor working in the construction industry understands the importance and value of a lien in protecting their rights against unpaid bills. But many subcontractors are unaware that there is a required procedure in establishing a lien, including two types … Read More
A big state with a huge economy and complex laws, the laws relevant to the California Prompt Payment Act are found in numerous places throughout its legal code. From the Business and Professions Code to the Civil Code, they govern … Read More
A Notice of Lien sometimes called a preliminary notice, is sent early in a project so as to notify contractors, owners, and lenders that you are working on the project.
