At the Construction Financial Management Association’s Annual Conference in Las Vegas, we encountered a very large general contracting outfit who has a lot of financial risk shifting procedures in place. They employ strict…Read More
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I came across an exchange in the ContractorsTalk.com forum about whether a subcontractor should sent its Florida NTO and protect its lien rights on a project. The question is one we’ve addressed at length on this blog:…Read More
“Want to know a dirty secret in the construction industry?,” asks an article we posted earlier this…Read More
Everyone relax! Here is the third edition and shocking conclusion to our quarterly retreat pictures for your enjoyment:
[caption id="attachment_8685" align="aligncenter"...Read More
Arizona has a very strict preliminary notice requirement with zero exceptions and zero tolerance. The requirement comes from ARS 33-992.01, which provides where relevant:
B. Except for a person performing actual labor for wages, every person who…Read More
This is a complicated question whose answer will vary from state to state. It’s also a question we’ve addressed on the Construction Finance Journal in the past, but only with respect to…Read More
Here they are:
1) If you didn’t contract with the property owner, within 20 days after first providing materials or services to a project, you must deliver a Preliminary 20-Day Notice to…Read More
In the past, we’ve posted about the strength and effectiveness of construction liens. Across the nation, construction or mechanics liens can be used as a powerful collections tool by contractors, suppliers and others working on construction projects.
The state of Virginia, however, has perhaps the most powerful mechanics liens in…Read More
AllBusiness.com, an online media and e-commerce company that operates one of the premier business sites on the Web, is a great tool for contractors. They self-proclaim to help business professionals save time and money by addressing real-world business questions and presenting practical solutions.
As one of its resources, the website…Read More