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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. Danley , 161 N.H. 19, 23 (2010). Bostwick , 69 N.H. But rarely are such amounts updated in 30-day intervals.

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How to Get Paid on Washington State Public Projects

Levelset

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.

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Subcontractor Default Insurance: Pros & Cons for General Contractors

Levelset

In addition, SubGuard does not provide protection against mechanics liens from unpaid second-tier subs and suppliers. LA Plumbing is providing plumbing work on the project, and their subcontract is worth $2 million. SDI is offered as an alternative to performance bonds. Subcontractor default insurance vs surety bonds.

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How to Get Paid on Oregon Public Projects

Levelset

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.

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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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State by State Incentives Guide

Buisness Facilities Contributed Content

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.

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A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

00 52 14 Subcontract Form – Stipulated Sum (design/bid/build or. 00 52 17 Subcontract Form – Cost-Plus (design/bid/build or design/negotiate/build). 00 52 14 Subcontract Form – Stipulated Sum (design/bid/build or. 00 52 17 Subcontract Form – Cost-Plus (design/bid/build or design/negotiate/build).