Legal Lien Management 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?
Fieldwire
AUGUST 14, 2023
Construction is one of the hardest industries to manage cash flow in, with contractors often facing large up-front costs and frequent, long delays between expenses and payment. Retainage does not extend the mechanics lien deadline A mechanics lien is perhaps the most powerful tool that contractors have to force payment.
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Autodesk Construction Cloud
FEBRUARY 1, 2024
The inherent business-breaking risk can even lead many subcontractors to refrain from bidding on projects if a general contractor or an owner has a reputation for slow payments. That’s why I’m thrilled we announced Autodesk’s intent to acquire Payapps Limited , a leading global provider of construction payment management solutions.
Construction Lawyer
MARCH 13, 2012
His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. In other words, you use the stuff we post here at your own risk. A Legally Inclined Weblog. >.
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. AOBs and mechanics liens. A mechanics lien is hands down a contractor’s most effective tool to ensure they get paid for their work. Learn more: How to calculate your collection effectiveness.
Construction Cost Estimating
NOVEMBER 8, 2013
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.
Levelset
AUGUST 15, 2022
In fact, many contractors and credit managers alike may come up against a number of challenges when it comes to figuring out a business’ creditworthiness. Long-time credit manager and construction consultant Thea Dudley noted what she sees as some common challenges people run into when trying to ascertain a company’s credit situation.
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