article thumbnail

Payment Applications 101: A Guide to Pay Apps in Construction

Fieldwire

DOCUMENT MANAGEMENT Secure file storage with Fieldwire Learn more → Documents Included In A Payment Application A pay app will typically include several documents that work together. Conditional lien waivers : A lien waiver is a document that waives the signing party’s right to file a mechanics lien.

Lien 98
article thumbnail

Washington Law Protects Contractors from Dangers of Frivolous Lien Statute

Construction Law Monitor

A quick word from the construction law case files: The Court of Appeals, Division 1, out in Washington state, has refused to deem a construction lien as frivolous based upon the complexity of the construction contract at dispute. Issues of substance of the lien (i.e. Issues of substance of the lien (i.e. of Washington v.

Lien 40
professionals

Sign Up for our Newsletter

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

article thumbnail

Top 5 Challenges for Construction Project Managers

Fieldwire

Patrick is the CEO at Handle.com which builds software that helps contractors, subcontractors, and material suppliers secure their lien rights and get paid faster. As unplanned work and change orders creep into your project scope, the cost can easily go out of control if it is not managed closely.

article thumbnail

Understanding the Performance and Monitoring Phase of Construction

Levelset

Discrepancies found at this point might still be young enough that the team can adjust budgets and submit change orders. Since subcontractors have bills to pay and interest accruing, the sub has the ability to file a mechanics lien against the property. Protect & speed up every payment. Learn more.

Lien 52
article thumbnail

Digital Builder Podcast Ep 22: How Specialty Contractors Can Navigate Contracts & Get Paid On Time

Autodesk Construction Cloud

The difference between secured and unsecured debts. Best practices for handling change orders. ” To ensure that you get paid, you need to understand the difference between unsecured and secured credit. Secured credit, on the other hand, is backed by collateral. Get your change order costs covered.

article thumbnail

Low Bids Benefit Building Owners

Chianelli Estimating

The contractor had secured the project and the owner would realized a huge savings on the cost of the project estimate established. Subcontractors and material yards begin calling due to lack of payment and are beginning to lien the project. All parties thought this was a win-win situation.

Bidding 100
article thumbnail

Acceptance of Final Payment

Construction Lawyer

There were a number of change orders and the project time was extended. . Correspondence from the Town to Jackman incorporated Change Order Nos. After the project was substantially completed, Jackman sought “final payment” from the Town in the amount of $187,944.08.

Claims 40