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The Utah Preconstruction Lien Process Explained

Levelset

Many Utah contractors are familiar with the construction lien process to secure payment for work or materials used in a building project. Utah actually gives them a similar payment tool, known as a preconstruction lien. However, the steps to claim one differ from the standard construction lien process. Preconstruction liens v.

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The Preconstruction Phase: Understanding the Process & Risks

Levelset

It’s at this point that the client can determine whether the project is feasible or not. This information helps the client determine whether the project is feasible for their needs—something that is incredibly valuable to find out early. Feasibility depends on a few factors. Schematic design. Design development.

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Job Order Contracting – Best Practices Implementation

Building Information Management

The procurement process for a JOC contractor begins with an Owner request for proposal (RFP) where the real property Owner identifies the type(s) of work for which it is requesting services. Individual task orders generally include drawings, detailed unit prices, and reference specifications. Job Orders / Task Orders.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. The SBA takes a second lien on assets and finances up to 40 percent of the project cost, up to $1 million in some cases. Borrowers inject 10 percent in the form of cash or equity in real estate.

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