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7 Things Contractors Need to Know About Retainage

Fieldwire

It is governed by the contract, which means it’s part of the agreement between two parties. There is not a universal definition of “substantial completion,” and some contracts define it in vague terms that leave a lot of interpretation. Mechanics lien laws have specific deadlines that contractors must follow.

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New York Home Improvement Contracts: What Residential Contractors Need to Include

Levelset

Let’s start with some basic definitions under NY Gen. This definition also covers a few other types of contracts. Any mechanics lien filed against your property may be discharged. Payment of the agreed-upon price under the home improvement contract prior to filing a mechanic’s lien may invalidate such lien.

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Statute of Limitations - construction v. contract

Construction Lawyer

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. A Legally Inclined Weblog. >. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY.

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What is a Construction Change Directive (CCD)?

Construction Law Monitor

There are many examples such as “punch-list,” “lien” and “substantial completion” to name a few. Although the names are similar the legal implications are significantly different. Definition of Construction Change Directive. To break down this definition, one must look to its parts.

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What is a Construction Change Directive (CCD)?

Construction Law Monitor

There are many examples such as “punch-list,” “lien” and “substantial completion” to name a few. Although the names are similar the legal implications are significantly different. Definition of Construction Change Directive. To break down this definition, one must look to its parts.

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How to Get Paid on Texas Public Projects

Levelset

Even though public works construction often serves as a source of major benefit for contractors, these projects definitely aren’t exempt from the payment challenges that contractors often see on private projects. Contractors on public projects aren’t allowed to file mechanics liens when payment problems arise. The main difference?

Texas 52
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Job Order Contracting – Best Practices Implementation

Building Information Management

JOC, an annual contract and multiple option year agreement for general construction, generally requires the Contractor to e furnish associated labor, tools, materials, equipment and transportation. Contractors are generally selected as part of a multi-year agreement, and/or for one year with tw0(2) to four(4) option years.