Accounting, Contract, Legal and Lien - Professional Constructor Central

#130: Secured Lenders' Rights to Construction Contract Payments

NH Construction Law

OCTOBER 22, 2023

It happens this way: A contractor or subcontractor borrows money from a lender, and as security for the loan it gives the lender an assignment of or lien on its receivables and contract rights. Any subsequent square-up was between lender and borrower, and not the account debtor’s concern.

Security

Security Contract Accounting Construction

7 Things Contractors Need to Know About Retainage

Fieldwire

AUGUST 14, 2023

It’s fairly common, especially on commercial and public construction projects, and typically ranges from 5 - 10% of the total contract price. For many construction businesses, the retainage payment accounts for their entire profit margin on the project. But just because retention is commonplace doesn’t mean it’s always used fairly.

Contractors

Contractors Cash Flow Lien Negotiation

Digital Builder Podcast Ep 22: How Specialty Contractors Can Navigate Contracts & Get Paid On Time

Autodesk Construction Cloud

NOVEMBER 15, 2021

In a perfect world, a contract should include a clear set of instructions that conveys well-defined expectations to all parties concerned. This episode of Autodesk’s Digital Builder podcast addresses the most common challenges with contracts and how simple adjustments can ensure you fully understand what you’re signing.

Contract

Contract Contractors Negotiation Subcontracting

Assignment of Benefits for Contractors: Pros & Cons of Accepting an AOB

Levelset

APRIL 15, 2022

If the insurance company is dragging their feet, a restoration contractor can still likely file a mechanics lien on the property. The average collection period for receivables measures the average time it takes you to get paid on your open accounts. AOBs and mechanics liens. Alex Benarroche.

Insurance

Insurance Contractors Lien Claims

constructionattorneyblog: illinois supplier denied mechanics lien

Construction Lawyer

MARCH 13, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >. National City Mortgage v.

Lien

Lien Illinois AIA Chicago

constructionattorneyblog: Subcontractor's Mechanics lien allowed.

Construction Lawyer

MAY 21, 2009

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >. University of St.

Lien

Lien Illinois AIA Chicago

Idle Equipment not entitled to Lien in Missouri

Construction Lawyer

APRIL 20, 2009

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >. Concord , 269 S.W.3d

Lien

Lien Missouri Equipment Illinois

DESPITE HAVING TWICE SIGNED CONTRACT, CORPORATE

Construction Lawyer

MARCH 16, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >. Merrill Lynch , 2012 U.S.

Contract

Contract Illinois AIA Chicago

Construction Contract's arbitration provision is separable, based on

Construction Lawyer

MAY 2, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >. Mortenson won the issue.

Contract

Contract Illinois Legal Construction

A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

Levelset

APRIL 8, 2022

Generally, insurers use one of two methods to put a dollar figure on the damage: Replacement cost : The insurer pays the cost of rebuilding or repairing the home, without accounting for depreciation. But for many types of work, restoration contractors have the right to file a lien on their property if they fail to pay. Know your role.

Insurance

Insurance Claims Agreement Lien

A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

Levelset

APRIL 8, 2022

Generally, insurers use one of two methods to put a dollar figure on the damage: Replacement cost : The insurer pays the cost of rebuilding or repairing the home, without accounting for depreciation. But for many types of work, restoration contractors have the right to file a lien on their property if they fail to pay. .

Insurance

Insurance Claims Agreement Lien

Commercial Debt Collection – How Do I Collect When A Company Owes Me Money?

Construction Law Monitor

APRIL 10, 2014

The legal and business world assume that the B2B relationship and players are more sophisticated. Most business think that when an account is overdue, then they call up a debt collection agency and the debt will be collected or its deemed bad debt. This contract should have specific default and attorney fee provisions.

Debt

Debt Commercial Accounting Louisiana

Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

JUNE 20, 2014

Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. Bookkeeping Service - That understands construction is best when you start because we can setup QuickBooks correctly in the beginning and take care of the accounting until you are ready to take over. You say O.K.

Insurance

Insurance Construction Accounting Claims

constructionattorneyblog: ILLINOIS APPELLATE COURT DEEMS.

Construction Lawyer

OCTOBER 6, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >.

Illinois

Illinois Lien Banking AIA

constructionattorneyblog: Waivers of liens: fraud

Construction Lawyer

SEPTEMBER 22, 2005

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >. Waivers of liens: fraud.

Lien

Lien Illinois AIA Chicago

constructionattorneyblog: New York court holds that contractor.

Construction Lawyer

APRIL 30, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >.

New York

New York Lien Contractors Illinois

constructionattorneyblog: Arbitrators award attorneys fees, contract.

Construction Lawyer

APRIL 15, 2009

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >.

Contract

Contract Illinois AIA Chicago

We Reduce Construction Company Start Up Stress

Contractor Bookkeeping

JANUARY 2, 2015

Did You Use Your Personal Credit Cards - And supplier accounts to finance your new business and perhaps you were not careful about what you bought? Bank Accounts - Set up two bank accounts in your company name. All large income and expenses go through one account and keep the debit card in your personal safe. You say O.K.

Construction

Construction Insurance Accounting Claims

constructionattorneyblog: Fiduciary Duty by Design Professionals?

Construction Lawyer

APRIL 27, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >.

Design

Design AIA Illinois San Diego

New Contractor Business Start Up

Contractor Bookkeeping

JUNE 15, 2012

Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. Bookkeeping Service - That understands construction is best when you start because we can setup QuickBooks correctly in the beginning and take care of the accounting until you are ready to take over. You say O.K.

Contractors

Contractors Insurance Claims Lien

constructionattorneyblog: FEDERAL APPEALS COURT HOLDS.

Construction Lawyer

MAY 4, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >. 3d 1027 (7th Cir.

Illinois

Illinois AIA Agreement Chicago

constructionattorneyblog: Florida court holds that statute of.

Construction Lawyer

MAY 1, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >.

Florida

Florida Illinois Claims AIA

TRIAL COURT DECIDES THAT ARCHITECTS CAN'T BE LIABLE IN

Construction Lawyer

FEBRUARY 28, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >. " Eickmeyer v.

Illinois

Illinois AIA Chicago Lien

7 Steps to Successful Project Closeout

Autodesk Construction Cloud

DECEMBER 18, 2021

In fact, you typically won’t be able to release final retainage without it—effectively putting as much as 10% of your contract at stake. The first step is to track every part of the project to streamline reviewing legal terms and change orders, for example. A detailed project closeout checklist helps resolve problems to close on time.

Change Orders

Change Orders Documentation Equipment Risk

constructionattorneyblog: Arbitrations are not always private

Construction Lawyer

MARCH 23, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >.

Illinois

Illinois AIA Chicago Legal

EXTRAS POTENTIALLY RECOVERABLE IN QUANTUM MERUIT

Construction Lawyer

APRIL 14, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >. LEXIS 222 (4th Dist.

Illinois

Illinois AIA Chicago Legal

constructionattorneyblog: IDAHO SUPREME COURT ALLOWS.

Construction Lawyer

MAY 20, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >. Whiteman appealed.

Idaho

Idaho Illinois AIA Chicago

Court Holds That Temporary Labor Company Not a “Subcontractor” For Lien Purposes

Best Practices Construction Law

SEPTEMBER 26, 2019

Well, the Court of Civil Appeals of Oklahoma recently held that “furnishing labor is not the same as performing labor” for purposes of filing a mechanic’s lien. The temporary staffing company then executed and filed a materialmen’s lien. The contract does not refer to a particular project.

Lien

Lien Accounting Contract Commercial

Does Equitable Estoppel apply to a Municipality?

Construction Lawyer

SEPTEMBER 21, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >.

Illinois

Illinois AIA Chicago Lien

constructionattorneyblog: Incorporating AAA Rules gives arbitrator.

Construction Lawyer

JULY 20, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >. DynMcDermott , 2012 U.S.

Illinois

Illinois AIA Chicago Agreement

Statute of Limitations - construction v. contract

Construction Lawyer

JANUARY 30, 2006

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >. Thomas (Jan.

Contract

Contract Illinois Construction AIA

constructionattorneyblog: LEED project managment software

Construction Lawyer

JULY 24, 2009

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >.

Project Management

Project Management Software Software Management

constructionattorneyblog: Termination of contract bars arbitration

Construction Lawyer

AUGUST 8, 2005

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >.

Contract

Contract Illinois AIA Chicago

constructionattorneyblog: Seventh Circuit finds no coverage where.

Construction Lawyer

JUNE 27, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >. mechanics liens.

Illinois

Illinois AIA Chicago Legal

constructionattorneyblog: Court imposes sanctions for challenging.

Construction Lawyer

JULY 27, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >. DigiTelCom, Ltd.

Illinois

Illinois AIA Chicago Contract

Architect not liable when owner deviates from plans

Construction Lawyer

FEBRUARY 24, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >. mechanics liens.

Plans

Plans Illinois AIA Chicago

A lesson for Architectural Firms: be careful how you pay employees

Construction Lawyer

MARCH 27, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >. mechanics liens.

Architecture

Architecture Illinois AIA Chicago

architect arrested in connection with fireman's death

Construction Lawyer

FEBRUARY 26, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >. mechanics liens.

Illinois

Illinois Los Angeles AIA Chicago

constructionattorneyblog: Posting Architectural Elevations on a.

Construction Lawyer

AUGUST 29, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >.

Architecture

Architecture Drawings Illinois AIA

Misclassification of professional employees can be dangerous

Construction Lawyer

JUNE 22, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >. mechanics liens.

Illinois

Illinois AIA Chicago Liability

constructionattorneyblog: Liability for green design

Construction Lawyer

MAY 20, 2009

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >.

Liability

Liability Green Design Illinois

Non-Lawyers cannot represent corporation in Arkansas arbitration

Construction Lawyer

APRIL 3, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >. mechanics liens.

Arkansas

Arkansas Illinois AIA Chicago

States must follow supreme court precedent - arbitration and the faa

Construction Lawyer

FEBRUARY 24, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >. mechanics liens.

West Virginia

West Virginia Illinois AIA Chicago

constructionattorneyblog: Where owner does not pay undisputed.

Construction Lawyer

MAY 20, 2009

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >. mechanics liens.

Illinois

Illinois AIA Chicago Lien

#130: Secured Lenders' Rights to Construction Contract Payments

7 Things Contractors Need to Know About Retainage

Trending Sources

Digital Builder Podcast Ep 22: How Specialty Contractors Can Navigate Contracts & Get Paid On Time

Assignment of Benefits for Contractors: Pros & Cons of Accepting an AOB

constructionattorneyblog: illinois supplier denied mechanics lien

constructionattorneyblog: Subcontractor's Mechanics lien allowed.

Idle Equipment not entitled to Lien in Missouri

DESPITE HAVING TWICE SIGNED CONTRACT, CORPORATE

Construction Contract's arbitration provision is separable, based on

A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

Commercial Debt Collection – How Do I Collect When A Company Owes Me Money?

Unique Tips To Reduce Construction Company Start Up Stress

constructionattorneyblog: ILLINOIS APPELLATE COURT DEEMS.

constructionattorneyblog: Waivers of liens: fraud

constructionattorneyblog: New York court holds that contractor.

constructionattorneyblog: Arbitrators award attorneys fees, contract.

We Reduce Construction Company Start Up Stress

constructionattorneyblog: Fiduciary Duty by Design Professionals?

New Contractor Business Start Up

constructionattorneyblog: FEDERAL APPEALS COURT HOLDS.

constructionattorneyblog: Florida court holds that statute of.

TRIAL COURT DECIDES THAT ARCHITECTS CAN'T BE LIABLE IN

7 Steps to Successful Project Closeout

constructionattorneyblog: Arbitrations are not always private

EXTRAS POTENTIALLY RECOVERABLE IN QUANTUM MERUIT

constructionattorneyblog: IDAHO SUPREME COURT ALLOWS.

Court Holds That Temporary Labor Company Not a “Subcontractor” For Lien Purposes

Does Equitable Estoppel apply to a Municipality?

constructionattorneyblog: Incorporating AAA Rules gives arbitrator.

Statute of Limitations - construction v. contract

constructionattorneyblog: LEED project managment software

constructionattorneyblog: Termination of contract bars arbitration

constructionattorneyblog: Seventh Circuit finds no coverage where.

constructionattorneyblog: Court imposes sanctions for challenging.

Architect not liable when owner deviates from plans

A lesson for Architectural Firms: be careful how you pay employees

architect arrested in connection with fireman's death

constructionattorneyblog: Posting Architectural Elevations on a.

Misclassification of professional employees can be dangerous

constructionattorneyblog: Liability for green design

Non-Lawyers cannot represent corporation in Arkansas arbitration

States must follow supreme court precedent - arbitration and the faa

constructionattorneyblog: Where owner does not pay undisputed.

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