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

Levelset

Texas lien law: ‘Retainage’ or ‘reserved funds’? In 2021, Texas enacted some sweeping changes to the mechanics lien process effective on projects where the original contract was entered into on or after January 1, 2022. The main changes came in the form of simplified notice procedures and lien filing deadlines.

Texas 52
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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. Even when payment challenges are similar, payment protection is very different between private and public work.

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Procore Blog: Discovering “The latest construction news and knowledge”

Construction Marketing Ideas

The general contractor and the architect approved the shop drawings, so the fabricators built the girders. This cascade of events led to non payments, and both the steel sub and the HVAC sub filed mechanic’s liens against the project. It gets worse. The steel sub asked for the project to get shut down until a resolution was reached.

ProCore 48
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Job Order Contracting – Best Practices Implementation

Building Information Management

JOC, an annual contract and multiple option year agreement for general construction, generally requires the Contractor to e furnish associated labor, tools, materials, equipment and transportation. All cash discounts should be deducted in determining material costs. Job Orders / Task Orders.

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A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

00 31 25 Existing Material Information. 00 31 26 Existing Hazardous Material Information. Material Testing Information. 00 31 25 Existing Material Information. 00 31 26 Existing Hazardous Material Information. Material Testing Information. 00 61 16 Lien Bond Form. 00 62 79 Stored Material Form.

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A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

00 31 25 Existing Material Information. 00 31 26 Existing Hazardous Material Information. Material Testing Information. 00 31 25 Existing Material Information. 00 31 26 Existing Hazardous Material Information. Material Testing Information. 00 61 16 Lien Bond Form. 00 62 79 Stored Material Form.

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North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Agricultural Commodity Processing Plant Construction Materials Sales Tax Exemption: Construction materials used to construct an agricultural commodity processing facility are exempt from sales and use taxes. TAX INCENTIVES. of Commerce Division of Economic Development and Finance (EDF).