Last week I wrote an article about the epic battle between Credit Departments and Sales Department. In examining how the two departments can co-exist, and thrive, we discussed a best practice of creating options to take new business. If…Read More
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Running a successful business can be full of complications, but your company’s bottom line really boils down to doing two things well: (1) Acquiring clients; and (2) Getting paid for what you do. It’s that simple.
Just a few days ago, a new contributor to the Construction Payment Blog authored a review of the recent changes to North Carolina bond claim law, specifically the revisions to N.C. Gen. Stat. § 44A-27. That…Read More
If you’re a general contractor on a construction project, you know that one of the most important parts, besides the construction itself, is ensuring that the flow of money from the project owner to subcontractors is as smooth as…Read More
Massachusetts, New York, Connecticut and…Read More
As always a general rule of thumb for all lien law nation wide is that the requirements toare technical.
This post deals with Read More
Bond claims, like mechanic’s liens, have requirements that vary from state to state. Whether or not preliminary notice is required, who must receive preliminary notice or the claim itself, and even if a formal claim is required prior to…Read More
Some people get confused about the differences between a bond claim and a mechanics lien claim, and this can result in causing decision paralysis. As this post will explain, however, the question of “which should you file”…Read More
The Pennsylvania Contractor and Subcontractor Payment Act 73 P.S. Sec. 501 et seq., was passed in 1994 to provide contractors and subcontractors additional protection when unpaid for their services on construction projects in that state. Generally speaking, the act sets…Read More
A previous article on our blog indicated that “Suppliers to Suppliers rarely catch a break” with respect to mechanics lien and bond claim laws. The reason here is because most private and public statutes prohibit suppliers to suppliers…Read More