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Texas Homestead Lien Rules & Requirements

Levelset

Mechanics liens are among the most powerful tools for contractors to ensure they get paid what they’ve earned on a construction project. In Texas, contractors must send multiple notices and meet strict deadlines to preserve their right to a lien if they need to file one. Rules & requirements for a homestead lien.

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Payment Applications 101: A Guide to Pay Apps in Construction

Fieldwire

Due to the size and complexity of most construction projects, contractors often need to supply additional proof of their work to prove to the owner or general contractor (GC) that they deserve to get paid. On many projects, construction businesses are required to submit a payment application. What Is A Payment Application?

Lien 98
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Mayer Building Company for Subcontractors: Payment Guide & Resources

Levelset

Mayer Building Company is a New Orleans-based general contractor that specializes in commercial construction and historic renovations. The company was honored in 2020 by local newspaper City Business as part of their “Excellence in Construction and Real Estate” class. Download Mayer Building Company’s sample subcontractor agreement. .

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The Bird Box Dilemma: When False Pay Apps and Lien Waivers Are Not Fraudulent Inducement

Best Practices Construction Law

As a construction litigation attorney, the “claim” is often about telling the story of a breach of contract, or failed expectations, or unforeseen delays, all through the testimony of individuals or the introduction of documents. certifications and/or lien waivers) to the prime contractors to obtain payment.

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How to Manage Compliance for Construction Success

Viewpoint Construction Technology

Construction management is challenging, in no small part because the industry is governed by a plethora of regulations. Regulatory compliance may seem daunting, especially for those new to the construction industry. Wage and union payroll agreements. Lien requirements. Credit and background checks. Safety regulations.

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Court Recognizes Day-to-Day Changes Are Compensable Despite Contractual Waivers

Best Practices Construction Law

The owner-contractor agreement contains a “no damages for delay” clause; a clause requiring that all changes be in writing before work is performed; and a clause requiring partial lien waivers and releases with each periodic payment. Lend Lease Construction (Sept. It happens all the time! 1, 2020) (PDF).

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What Contractors Need to Know About Surety Bonds

Construction Marketing

A surety bond is a contract between the following three parties: • Principal – The construction company or individual seeking the bond. If the principal’s bond application is approved, the surety company will require the principal to sign an indemnity agreement before it will issue the bond. Sign the indemnity agreement.