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#134:  30-Day Accountings for Subcontractor/Supplier Mechanic’s Liens

NH Construction Law

It is generally recognized by New Hampshire courts that “[f]ailure to comply with the specific statutory provisions of perfecting a mechanics lien is usually fatal,” Alex Builders & Sons, Inc. Standard Construction Co. , Danley , 161 N.H. 19, 23 (2010). Bostwick , 69 N.H. 46, 47 (1957).

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Restoration: How to Manage Cash Flow While Waiting for an Insurance Check

Levelset

Meanwhile, you’re incurring expenses that drain your bank account, like purchasing materials and paying employees. Poor cash flow management is the number one reason why construction businesses fail. Trade credit allows you to purchase materials and delay paying for them, usually for up to 30 days. Protect your lien rights.

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Are Lien Waiver Requirements Consistently Enforced?

Construction Dive

By Bruce Jervis It is standard for construction contracts to require that each payment application include affidavits and lien waivers. The detailed nature of these provisions inevitably leads to sporadic or inconsistent enforcement by the party making payment. A recent case out of Mississippi is an example.

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Texas ‘Retainage’ vs. ‘Reserved Funds’: What’s the Difference & Why it Matters

Levelset

Retainage : It’s been a hot button topic in the construction industry for years. Given the slim profit margins on construction projects, retainage practices can be incredibly frustrating for contractors. Texas lien law: ‘Retainage’ or ‘reserved funds’? Lien for unpaid retainage.

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Construction Forms for excel

Construction Cost Estimating

Construction Forms screenshot Construction Forms for Excel are designed to facilitate contracting and administrative tasks for construction work and projects. The package of over 140 purpose built forms are customizable Excel templates and documents addressing all areas of construction contract work.

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Maxwell launches an exclusive construction management software

Construction Cost Estimating

the renowned leader in providing various types of construction management softwares and superior practices, recently introduced Maxwell Systems ProContractorMX version 3.1. This newly launched software has the core competence to augment inter-company transactions, change management, lien management, reporting, and lots more.

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How to Get Paid on Washington State Public Projects

Levelset

The federal government is allocating over a trillion dollars in funding for public infrastructure construction projects over the course of the next decade — and a whole lot of that funding is going to go directly to individual states.