Category: Construction Payment
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Lien Waiver vs Lien Release: What’s the Difference?
Lien waivers and lien releases are completely different documents (even though they are often confused by the construction industry). Read this post to learn when and how to use each type of document.
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South Carolina’s Notice of Commencement is a Little Bit Odd
A Notice of Commencement formally designates the beginning of a project. Its core function is to provide key information to contractors, material suppliers, equipment lessors, and other hired parties working on a construction project. Sounds pretty informative, right? It is! And it can be a really helpful resource for sub-contractors and lower-tiered parties, too.
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Arizona 20 Day Preliminary Notice: The Why, Who, What, When, and How
First and foremost, preliminary notice provides the communication necessary to create a healthy project. These notices illuminate the payment chain and make sure that everyone understands your relationship to the overall project. Plus, if notice isn’t sent, parties could possibly lose lien rights. And that’s a bigger deal than it seems. No one walks into…
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Contractors: Collecting Lien Waivers From Your Direct Subs Isn’t Enough
Lien waivers grease the wheels for construction payment. They act like a receipt and ensure that payments can be made without fear of payment claims derailing the job. When utilized properly, waivers are a win-win situation. However, contractors should keep something in mind: collecting waivers from your direct subs isn’t enough. No, waivers should be…
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Can I Include Change Orders in My Mechanics Lien?
Sometimes an architect, a contractor, or an owner might ask you to do something not included in the original contract – extra work. If they ask and you perform the work, is that work lienable? Not always. If the change order was made validly under the terms of the contract, you absolutely can include the amount…