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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]

The Project Completion Date: When It Matters And How You’ll Know

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Mechanics Lien RSS

Confusing Issues - Legal, Liens, Construction

Resurrecting A Discharged Mechanics Lien May Be Fraudulent

In many states, filing a fraudulent mechanics lien can result in a hefty amount of damages coming your way. The reason many states allow such damages to be awarded is to deter and prevent parties from abusing the power a mechanics lien gives to construction parties. Possessing the ability to obtain an interest in a […]

New York Lenient On Notice Requirements

Indiana Supreme Court Awards Mechanics Lien Attorneys Fees

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Lien Law Alerts RSS

Which States Have the Most Challenging Lien Law?

Surprise! You Have A Breach Of Contract Claim

The basic concept of contract law is that if a party breaches a contract, the other parties to the agreement have a claim against the breaching party. This is called having privity. Recently though, courts have started to allow non-party claims against breaching parties. This has come to be known as the third-party beneficiary doctrine. […]

Proper Preparation Can Save You From Contract Disputes

Court Determines What “Furnish” Means Under The Miller Act

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Credit Management RSS

Proactive Practices for Construction Invoice Collection

Proactive Practices for Construction Invoice Collection

Although we would all like to blame our customers’ late payments wholly on them, it may be more productive to take a good internal look at construction invoice collection processes. This is especially true if it seems like late payments are becoming a trend among your customers. There is rarely a time when invoicing customers is fun, so sometimes […]

Travel Money Well Spent

Everything I Know About Credit I Learned From Sales

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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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