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You Risk Paying Twice When Sub-Contractors Don’t Pay Their Bills

Wolgast Corporation

Liens Can Wreak Havoc on Funding. On top of that, that they expect you, the owner, to guarantee to the Bank and the Title Company that the project will be lien-free during construction. These types of requests are common place in today’s world when an owner finances the construction of a building. Why should you care?

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Virginia Joins 11 Other States Prohibiting Pay-If-Paid Clauses in Construction Contracts

Best Practices Construction Law

There are a lot of resources out there explaining the difference between the two types of construction contract provisions, but I like to make it a little simpler: pay when paid is simply a function of the timing of payment (i.e., Again, there are a lot of resources out there providing summaries on the current status of the law.

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Top 5 Challenges for Construction Project Managers

Fieldwire

Patrick is the CEO at Handle.com which builds software that helps contractors, subcontractors, and material suppliers secure their lien rights and get paid faster. The budget should factor in things that are outside a project manager’s control, such as environmental considerations, resource and labor shortages, currency exchange, and so on.

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Understanding the Performance and Monitoring Phase of Construction

Levelset

First, the GC and management team want to ensure that the project is delivered on time, and checking with project progress along the way gives them the opportunity to make changes, shift resources, and adapt to delays. Learn how Levelset can help you easily manage your lien rights on every project to ensure your payments are always protected.

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New Contractor Business Start Up

Contractor Bookkeeping

Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. No Financing - Your customer or client's project by providing a substantial amounts of labor, material, subcontractors and rental equipment hoping to get paid later on down the road. You say O.K.

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Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. No Financing - Your customer or client''s project by providing a substantial amounts of labor, material, subcontractors and rental equipment hoping to get paid later on down the road. You say O.K.

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7 Steps to Successful Project Closeout

Autodesk Construction Cloud

Since you’re at the end of the project, you may not even have the resources on hand to easily correct errors if you discover them after your workers have been released. However, most people leave out the most important part of this common piece of advice: you may not always have the resources you need for that extra push at the end.