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NCS COVID-19 State and County Updates
July 6, 2020
We recently asked our clients whether the COVID-19 pandemic is impacting their credit-granting processes. While I expected to see an increase in collection efforts and more stringent credit-granting processes, I …
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June 22, 2020
There have been mechanic’s lien and bond claim legislation updates for Wyoming, Utah & Virginia. Here’s a quick rundown of the changes. Wyoming HB0052 is effective 7-1-2020 and relates to …
June 15, 2020
It’s “officially” unofficial, we are in another recession. Think back to 2008 and you’re sure to remember the painful increase in debtor defaults and bankruptcies; virtually no creditor’s AR escaped …
Starts Jul 21, 2020 | 01:00 PM
Worried how to protect your legal and financial interests in public construction? Not sure if you are covered under state bonding laws? Bond claims offer lawful protection for material and …
Starts Jul 28, 2020 | 01:00 PM
Extending credit for construction projects in Louisiana, New Hampshire, Tennessee, or Texas? Unsure about serving a notice, filing a mechanic’s lien, or filing suit in these states? By understanding the …
Starts Aug 4, 2020 | 01:00 PM
Are you furnishing to projects in Alaska, Colorado, New Jersey & Virginia? Are you familiar with the optional notice?
“We were getting a $300,000 order ready for a project and I ran a quick search in LienFinder on my customer and the GC. Nothing came back in the search …
“I didn’t know anything about mechanic’s liens. We’d be in the difficult situation of not being paid and someone would ask ‘can we file a mechanic’s lien?’ and realize we …
Do you know there are 19 states that require a preliminary notice be served to protect bond claim or public improvement lien rights? A common misconception is that preliminary notices …
In this article, we will review the vital role of job information in protecting your mechanic’s lien and bond claim rights, including necessary pieces of job information, providing best practices …
Each state has its own statutes requiring payment bonds on construction projects. Some statutes may require that the general contractor obtain a payment bond on every construction project, and other …
What do you call the collective group of parties on a construction project? Check out this infographic to learn more!
A new study has found that slow payments are costing general contractors and subcontractors $64 billion a year. Check out this infographic to learn more!
The construction credit world is full of industry-specific terms and definitions; sometimes it’s tough to keep them straight. “Bond” is one of those terms. Check out this blog post for …
In this NCS Extra Credit installment, Heather McLaughlin (Notice & Mechanic’s Lien Specialist) explains 1st furnishing, last furnishing and completion.
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In this NCS Extra Credit installment, Marla Zurlo (Senior Account Representative) reviews mechanic’s lien rights on residential projects.
In this NCS Extra Credit installment, Jenna Burnett (Notice & Mechanic’s Lien Specialist) discusses assigning mechanic’s lien and bond claim rights.
Education Center
