Levelset

JUNE 3, 2022

Contractors on public projects aren’t allowed to file mechanics liens when payment problems arise, as both the federal and state governments explicitly prohibit private entities from claiming an interest in public property. Download a Washington State Notice to Contractor form. Washington State retainage laws.

Washington 52

Washington Claims Lien Contract 52

Green Building Law Update

JANUARY 24, 2016

In the event of a default, the liability is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder consent is required. There were not similar concerns expressed about commercial loans. Commercial PACE programs are still very new.

Lien 120

Lien Finance Commercial DC 120

Construction Dive

AUGUST 6, 2015

Contract clauses mandating quantification shortly after the claim “event” effectively bar recovery for cumulative impact. Featured …Change Order Administration Waived Delay Impact CostsArbitration Award Contingent on Contractor Lien Waivers Cumulative impact costs cannot be calculated until the end of the project.

Feasibility 48

Feasibility Lien Change Orders Claims 48

Viewpoint Construction Technology

MAY 15, 2018

Lien requirements. Doing so not only helps you stay ahead of possible compliance document expirations, it also helps you respond quickly in the event a compliance issue arises. Common regulations in the construction industry include: Contractual agreements between owners, contractors and subcontractors. Building codes.

Management 141

Management Regulation Construction Documentation 141

Green Building Law Update

SEPTEMBER 11, 2016

In the event of a default, the amount in default (but not the entire principal of the PACE loan) is a liability that is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder consent to a PACE loan is required.

Baltimore 120

Baltimore Maryland Finance Residential 120

Construction Law Monitor

NOVEMBER 6, 2015

In the construction industry, we speak a lot about the filing of a mechanic’s lien. In the event a government project goes sour, contractors and materials suppliers must turn to the Miller Act , or its parallel state legislation, as a remedy. But what if you are working on a public project? How do you file a Miller Act Claim?

Lien 40

Lien Claims Materials Contractors 40

Construction Law Monitor

OCTOBER 15, 2013

A strong contract that has provisions to the owner’s or general contractor’s favor can be crushing to a business in the event of a dispute, payment delay, or more. Should You Sign That Lien Waiver? Should You Sign That Lien Waiver? Do Your Mechanics Lien Rights Make Pay When Paid Clauses Irrelevant?

Contract 82

Contract Lien Construction Documentation 82

Levelset

APRIL 8, 2022

Regardless of the policy, the Insuring Agreement is the section that will outline all the insurance company’s responsibilities after a weather event or other covered peril causes damage to a roof or exterior siding, as examples. But policies can also differ in the way they calculate the value of the damage. Insuring agreement. Covered perils.

Insurance 52

Insurance Claims Agreement Lien 52

Levelset

APRIL 8, 2022

Regardless of the policy, the Insuring Agreement is the section that will outline all the insurance company’s responsibilities after a weather event or other covered peril causes damage to a roof or exterior siding, as examples. But policies can also differ in the way they calculate the value of the damage. Insuring agreement. Covered perils.

Insurance 52

Insurance Claims Agreement Lien 52

Green Building Law Update

JUNE 7, 2020

The title is free and clear of any and all right, title, or interest of the ground lease holder, any lien of a creditor of the ground lease holder, and any person making claims in relation to the ground lease holder. Senate Bill 806/House Bill 1182 (Chs. Senate Bill 175/House Bill 108 (Chs.

Maryland 227

Maryland Leases Housing Commissioning 227

Construction Law Monitor

NOVEMBER 6, 2015

-->. In the construction industry, we speak a lot about the filing of a mechanic’s lien. In the event a government project goes sour, contractors and materials suppliers must turn to the Miller Act , or its parallel state legislation, as a remedy. But what if you are working on a public project? How do you file a Miller Act Claim?

Claims 40

Claims Lien Materials Contractors 40

Best Practices Construction Law

JUNE 18, 2018

By the time Pickens filed his complaint, all the operative, underlying events of this case had transpired. The court held the old law applied: We believe the date of the contract to be more significant here than the date of the filing of the complaint. The amendment to Tenn. Code Ann. § 62-6-103 was substantive in nature.

Contractors 59

Contractors Tennessee Documentation Contract 59

Levelset

SEPTEMBER 23, 2022

Between miscommunication, the wrong specifications, carelessness, or events out of anyone’s control, things can go wrong, and the damages can be expensive. Events like damage to tools and equipment, faulty building design, or defective materials typically aren’t covered in a builder’s risk policy.

Insurance 52

Insurance Liability Accidents Risk 52

Levelset

AUGUST 16, 2022

The surety is also likely to explore a contractor’s payment history on past projects — an inability to make on-time payments to subcontractors and suppliers can increase the risk of mechanics liens or bond claims. . In the event of issues, access to additional sources of liquidity, like a bank line or personal funds, is also important.

Risk 52

Risk Cash Flow Construction Banking 52

Levelset

APRIL 28, 2022

In addition, SubGuard does not provide protection against mechanics liens from unpaid second-tier subs and suppliers. After all, both kick in and resolve costly disputes in the event a subcontractor defaults on their contractual obligations. SDI is offered as an alternative to performance bonds.

Insurance 52

Insurance Contractors Claims ABC 52

Levelset

MARCH 31, 2022

If a contractor doesn’t receive payment, they can’t go after the insurance company – but they do have the right to file a mechanics lien on the owner’s property. After a severe, weather-related event, demand for your services will increase. However, taking advantage of a bad situation for homeowners is a path that’s best avoided.

Insurance 93

Insurance Deals Contractors Claims 93

Construction Lawyer

MAY 1, 2012

« New York court holds that contractor installing cogeneration system not entitled to a mechanics lien | Main. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. Construction Contracts arbitration provision is separable, based on Rent-A-Center » May 01, 2012. Categories. litigation.

Florida 40

Florida Illinois Claims AIA 40

Contractor Bookkeeping

JUNE 20, 2014

We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Lien Waiver - Do not ever give a lien waiver in advance of the check clearing the bank.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

JUNE 15, 2012

We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Lien Waiver - Do not ever give a lien waiver in advance of the check clearing the bank.

Contractors 48

Contractors Insurance Claims Lien 48

Construction Marketing Ideas

MARCH 16, 2016

This cascade of events led to non payments, and both the steel sub and the HVAC sub filed mechanic’s liens against the project. However, the general contractor and the architect decided the project should proceed. Since the girders didn’t have the required opening for the HVAC installation, the HVAC sub was delayed.

ProCore 48

ProCore News Drawings Documentation 48

Contractor Bookkeeping

JANUARY 2, 2015

Get Organized - We strongly recommend a Subchapter S-Corp for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Lien Waiver - Do not ever give a lien waiver in advance of the check clearing the bank.

Construction 48

Construction Insurance Accounting Claims 48

Levelset

JULY 9, 2022

When payment problems come up on a public project, contractors can’t just file a mechanics lien as a solution, as both the federal government and state governments prohibit private companies from gaining interest in public property. Lien waivers. Deep dive : Georgia’s Very Unusual Rules for Mechanics Lien Waivers.

Georgia 52

Georgia Claims Lien Contract 52

Levelset

MAY 18, 2022

Generally, contractors on public projects aren’t able to file mechanics liens. In the event of payment problems, contractors file claims against the bond rather than the property itself. Louisiana bond claim law.

Louisiana 52

Louisiana Claims Contractors Legal 52

Buisness Facilities Contributed Content

MARCH 8, 2016

A JDA Real Estate Loan is normally a second mortgage loan, subordinate to a first-mortgage loan provided by a bank; M&E Loans are secured by a first lien, co-equal with the bank’s lien, on the M&E being financed. Typical financing structure: 50% Bank Loan. 40% JDA Loan. 10% Borrower Equity.

New York 40

New York Finance Products Commercial 40

Levelset

JULY 7, 2022

When payment problems come up on a public project, contractors can’t just file a mechanics lien as a solution, as both the federal government and state governments prohibit private companies from gaining interest in public property. Of course, withholding payment improperly leads to penalties on the part of the withholding party, too.

Oregon 52

Oregon Claims Contract Contractors 52

Contractor Bookkeeping

OCTOBER 4, 2013

A whole stream of events issues from the decision, raising in one''s favor all manner of unforeseen incidents and meetings and material assistance, which no man could have dreamed would have come his way. Sales tax liens against contractors twenty two times higher than any other business.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Buisness Facilities Contributed Content

JULY 11, 2014

The updated North Dakota incentives guide is brought to you by Real Street Expo , a new event sponsored by Business Facilities and Today’s Facility Manager magazines. For a list of North Dakota economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide.

North Dakota 40

North Dakota Income Finance Equipment 40

Buisness Facilities Contributed Content

MARCH 21, 2014

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. Quality Event” is a meeting of the members for a nationally recognized organization.

Income 75

Income Finance Zoning Equipment 75

Buisness Facilities Contributed Content

APRIL 15, 2014

Companies posting on the Job Portal will also have access to the MEDC’s other talent acquisition services, including targeted marketing and social media outreach, career events, assistance with identifying relocation services and a triage approach to addressing hard-to-fill positions and hiring challenges.

Income 108

Income Finance Zoning Employment 108

Building Information Management

JULY 27, 2016

00 61 16 Lien Bond Form. Affidavit of Release of Liens Form. 00 61 16 Lien Bond Form. Affidavit of Release of Liens Form. Events/Alarms/Incidents. Project Delivery. 00 54 00 Agreement Form Supplements. 00 54 13 Supplementary Scope Statement. 00 54 21 Allowances Schedule. 00 54 22 Unit Prices Schedule. 28 05 07.21

Equipment 45

Equipment Construction Schedule Concrete 45

Building Information Management

JULY 27, 2016

00 61 16 Lien Bond Form. Affidavit of Release of Liens Form. 00 61 16 Lien Bond Form. Affidavit of Release of Liens Form. Events/Alarms/Incidents. Project Delivery. 00 54 00 Agreement Form Supplements. 00 54 13 Supplementary Scope Statement. 00 54 21 Allowances Schedule. 00 54 22 Unit Prices Schedule. 28 05 07.21

Equipment 40

Equipment Construction Schedule Concrete 40