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Accounting for Retention Receivable & Payable: A Contractor’s Guide

Levelset

In an attempt to hold contractors accountable, many projects use retention holdbacks, also known as retainage. These holdbacks need to be accounted for by every party to a project: owner, general contractor, and subcontractor. Retention receivable and payable is different from accounts receivable and payable. View profile.

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constructionattorneyblog: illinois supplier denied mechanics lien

Construction Lawyer

The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. You should consult an attorney licensed in your jurisdiction before using any of the information contained at this site. illinois supplier denied mechanics lien. So dont say we didnt warn you.

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Idle Equipment not entitled to Lien in Missouri

Construction Lawyer

The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. You should consult an attorney licensed in your jurisdiction before using any of the information contained at this site. Idle Equipment not entitled to Lien in Missouri. So dont say we didnt warn you.

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constructionattorneyblog: Subcontractor's Mechanics lien allowed.

Construction Lawyer

The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. You should consult an attorney licensed in your jurisdiction before using any of the information contained at this site. Subcontractors Mechanics lien allowed where bank seized generals funds. Francis , No.

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constructionattorneyblog: ILLINOIS APPELLATE COURT DEEMS.

Construction Lawyer

The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. You should consult an attorney licensed in your jurisdiction before using any of the information contained at this site. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY.

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constructionattorneyblog: Waivers of liens: fraud

Construction Lawyer

The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. You should consult an attorney licensed in your jurisdiction before using any of the information contained at this site. Waivers of liens: fraud. mechanics liens. So dont say we didnt warn you.

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constructionattorneyblog: New York court holds that contractor.

Construction Lawyer

The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. You should consult an attorney licensed in your jurisdiction before using any of the information contained at this site.  Later, Trystate commenced a mechanics lien action, seeking to be paid its claims.