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Mechanics liens up 40% as COVID-19 pandemic disrupts industry

Construction Dive

The increase in liens filed from January through March indicates that contractors and suppliers took action to protect their payments as projects began to shut down in response to the novel coronavirus.

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10 Ways a Mechanic’s Lien Gets You Paid

Construction Business Owner

Most people in the construction industry have heard of the term “mechanic’s lien.” But if you ask anyone to explain what a lien is, how it works or even how the word is spelled, you will likely learn that their knowledge about mechanic’s liens is basic at best.

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professionals

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Does a Lien Affect Your Credit Score?

Levelset

If you receive a notice that a lien has been filed on your property, you may wonder how it will affect your credit score and your ability to borrow money or get credit. Mechanics liens are different from other collection instruments, so they are treated differently when it comes to reporting on your credit history. What is a lien?

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How Labor Shortages & Virtual Work Are Changing Purchase-to-Pay Processes

Construction Business Owner

CDT As a result of economic and cultural trends, construction organizations today are increasingly relying on technologies that increase efficiency — especially in accounting departments. Older generations of workers are retiring while others are considering careers in different industries or choosing not to return to work.

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5 Challenges in Meeting Construction Deadlines and How To Solve Them

Construction Marketing

Every construction professional knows the downside to missing project deadlines. With that said, few construction teams actually succeed in finishing their jobs on time. The following breakdown looks at 5 common challenges in meeting construction deadlines and provides some simple solutions to help mitigate them. .

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The Lien Zone Podcast Provides Impactful, Easy to Digest Construction Legal Advice

Construction Junkie

Construction Junkie’s annual Best Construction Podcast of 2020 Competition is underway and the voting booth is officially open. Next up is The Lien Zone Podcast. The podcast has been nominated for Best Construction Podcast every year since 2016 and even took home the top prize in 2017.

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No-Damage-For-Delay Provisions and Lien Waivers Remain Enforceable — and Valuable — in New York

Constructlaw

A New York appellate court recently affirmed the dismissal of a subcontractor’s counterclaims for delay damages and for unpaid amounts because they were barred by the parties’ no-damage-for-delay provision and executed lien waivers, respectively. Pizzarotti LLC, a construction manager, sued its subcontractor, X-Treme Concrete, Inc.,

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