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When to send preliminary notice

When to Send Preliminary Notice [50-State Guide for Subcontractors]

Are you a prime contractor? View the Prime Contractor’s Lien and Notice Deadline Chart. Do I have to send a pre lien notice? Is my mechanics lien going to be invalid? Sound familiar? The quest to find pre lien notice (or preliminary notice) requirements and deadlines leaves many scratching their heads. To solve this problem, […]

What is a Subcontractor Lien Waiver? [FAQs and Forms]

Project Completion Date: When It Matters And Why

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Mechanics Lien RSS

Canadian Lien Law Alert: Developer Must Face the Music

Canadian Lien Law Alert: Developer Must Face the Music

Understanding the lien laws of a particular state can be overwhelming. However, it is important to also take note of legal developments in other states in order to understand how lien laws are shaped. So too is it worthwhile to pay attention to lien laws in other countries, especially those with similar legal systems. As Canada looks to revise […]

Changes To Texas Lien Law May Be On The Horizon

Arizona Mechanics Lien Survives Attempt to Extinguish

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Lien Law Alerts RSS

Ohio Bans Contractor Hiring Requirements on State Projects

Ohio Bans Contractor Hiring Requirements on State Projects

In construction, hiring is everything. Owners want to hire reputable contractors known for good work. Contractors look to hire trusted subcontractors and suppliers in order to minimize defects and payment issues. For these reasons and more, hiring in the construction industry can make or break a project. When contractor hiring requirements are imposed by state or […]

Problems May Arise During The Louisiana Flood Recovery

Subcontractor Defects Are Covered by CGL Policies in New Jersey

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Credit Management RSS

Why Credit Management in teh Construction Industry Is Unique

Why Credit Management in the Construction Industry Is Unique

The construction industry brings unique challenges to contractors and subcontractors when it comes to credit management. Extending credit on large-scale construction projects can be risky, as projects require a large upfront investment of both labor and materials, and because projects can span years with payments made in installments. Of course, extending credit and exposing oneself to risk […]

Construction Financial Manager Review: June 24, 2016

Why Credit Managers Should Send Preliminary Notice on Every Project

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Viewpoints RSS

Mechanics lien subordination

Subordination of Mechanics Liens: The New No-Lien Clause?

Lien waivers have an important, even critical, place in construction payment. The parties closest to the money are highly motivated to make sure the project proceeds free of any lien claims, for several reasons. Not only can mechanics liens potentially force double payment, they cloud the property title and can negatively impact bonding capacity and cash-flow, all of […]

How To Read a Lien Waiver

Taylor Swift and Prompt Payment

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Cash Management RSS

Defining the construction market

CFM Review: Does Construction Need Its Own Business Status?

Every Friday, we select a few articles from the week that we think are worth your time as a construction financial manager (CFM). We look for compelling articles not only about financial topics, but about business, technology, and life, that challenges you to think about your role as a CFM in different ways. We’d love […]

CFM Review: 5 Technologies to Increase Cash Flow

Spring is Here: 3 Ways Contractors Can Take on More Work With Little Cash

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