Levelset

JUNE 6, 2022

ABC Contractor is billing a project owner for $100,000 with 10% retention. When ABC completes the project, they will invoice the customer for $10,000 in retention. Paul’s Masonry is a subcontractor working on a project with ABC Contractor as the general contractor. Paul’s Masonry invoices ABC $50,000 with 10% retention.

Accounting 98

Accounting ABC Banking Liability 98

Levelset

APRIL 28, 2022

In addition, SubGuard does not provide protection against mechanics liens from unpaid second-tier subs and suppliers. Let’s take a look at an example of how SDI might provide coverage on a project: ABC Builders is the general contractor building a large office complex and they have an SDI policy covering all their projects.

Insurance 52

Insurance Contractors Claims ABC 52

Construction Law Monitor

JUNE 17, 2014

In many instances in Louisiana and other states, material suppliers must send notice to the owner, general contractor and the party who hired them in order to preserve some type of lien or bond claim right if not timely paid. The exact language of La R.S.

Louisiana 58

Louisiana Materials Contract Lien 58

Construction Law Monitor

JUNE 16, 2014

In many instances in Louisiana and other states, material suppliers must send notice to the owner, general contractor and the party who hired them in order to preserve some type of lien or bond claim right if not timely paid. The exact language of La R.S.

Louisiana 40

Louisiana Materials Contract Lien 40

Autodesk Construction Cloud

JULY 7, 2022

The Associated Builders and Contractors (ABC) estimates the construction sector would need to bring in nearly 650,000 additional workers in 2022 to meet labor demands. As Anirban Basu, ABC Chief Economist said in a statement, “The workforce shortage is the most acute challenge facing the construction industry despite sluggish spending growth.

Software 105

Software Software Management Construction 105