Contract Documentation Lien Risk 
Wolgast Corporation
NOVEMBER 28, 2022
Liens Can Wreak Havoc on Funding. On top of that, that they expect you, the owner, to guarantee to the Bank and the Title Company that the project will be lien-free during construction. The lien laws protect people that supply the resources to build a building. By Brian Stadler, Wolgast President & CEO. Why should you care?
Construction Marketing
JULY 11, 2022
If you learn that you need to purchase a surety bond to work as a contractor or to enter into a contract to perform work on a project, here is some information you should know about surety bonds and how they work for contractors. The second category of bonds you will likely encounter as a contractor is contract bonds. Bond Types.
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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. In reality, it’s often a monster document packed full of legalese that can be difficult to understand. We discuss: The current state of construction contracts.
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. illinois supplier denied mechanics lien.
NH Construction Law
FEBRUARY 25, 2023
Owner/borrowers like it as well; preventing the contractor from getting ahead of them in payments incentivizes proper contract performance, and a set of professional eyes to determine whether the contractor’s draw requests are justified is a welcome feature. That puts the owner/borrower in a pickle. Don’t count on it.
Construction Law Monitor
NOVEMBER 2, 2011
I had a speaking engagement today here in Kenner, Louisiana (a suburb of New Orleans) whereby I had the pleasure of speaking to a group of contractors and architects regarding construction contracts. The bulk of the discussion focused on the most contested provisions within construction contracts. Prime/Subcontractors Contracts.
Levelset
SEPTEMBER 23, 2022
General contractors know these risks when they take the role. However, with the amount of risk involved in a standard construction project, general contractors typically need to hold multiple policies. Builder’s risk insurance. Verdict: Builder’s risk insurance may cover subcontractor damage in some situations.
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