Remove Documentation Remove Lien Remove Management Remove Risk
article thumbnail

You Risk Paying Twice When Sub-Contractors Don’t Pay Their Bills

Wolgast Corporation

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?

Lien 116
article thumbnail

5 Challenges in Meeting Construction Deadlines and How To Solve Them

Construction Marketing

However, many construction projects stall as workers wait around for important documents and approvals giving them the go-ahead to do their jobs. Solution : Invest in innovative construction software to serve as a repository for important project documents and unified medium of communication from the top down. . Waiting for Payment.

Lien 182
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Preconstruction Phase: Understanding the Process & Risks

Levelset

There are two critical components of the preconstruction phase: The preconstruction manager The preconstruction meeting. What does a preconstruction manager do? A preconstruction manager organizes and oversees the design phase of a project, before building commences. Construction documents. Schematic design.

Risk 52
article thumbnail

Textura-CPM : the powerful construction payment management system

Construction Cost Estimating

Textura Corporation, the most recognized collaboration solutions provider for the construction industry, just introduced Textura-CPM, the powerful construction payment management system, for developing the payment process for effective construction management. Thus the system makes a significant time savings for the contractors.

article thumbnail

constructionattorneyblog: illinois supplier denied mechanics lien

Construction Lawyer

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. In other words, you use the stuff we post here at your own risk. illinois supplier denied mechanics lien. An Illinois appellate court has affirmed the trial court's summary judgment against a lumber company's mechanics lien.

Lien 40
article thumbnail

7 Steps to Successful Project Closeout

Autodesk Construction Cloud

The right tools and documents make it easier to complete project closeout and keep customers satisfied. Risk assessment is the fifth step and requires you to identify potential risks or liabilities that could arise in the future. Step six is to write up a final report outlining each of the previous steps for upper management.

article thumbnail

constructionattorneyblog: Subcontractor's Mechanics lien allowed.

Construction Lawyer

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. In other words, you use the stuff we post here at your own risk. LEED project managment software » May 21, 2009. Subcontractors Mechanics lien allowed where bank seized generals funds. University of St. Francis , No.

Lien 40