2 min read
If or When, Contingent Payment Clauses
Payment Clauses: Pay-IF-Paid or Pay-WHEN-Paid It’s hard to believe that two small words, with seemingly “useless, yet endless” functionality, can...
Bond Claim (11)
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The 4 Primary Types of Lien Waivers
The 4 Primary Types of Lien Waivers Lien Waivers are common in construction credit. Project owners will often require lien waivers from contractors,...
2 min read
Federal Construction Projects & The Miller Act
Federal Construction Projects & The Miller Act Bond Claim The Miller Act is the federal payment bond statute that requires general contractors to...
2 min read
What is a Bond Claim?
A Contractor Supplied a Payment Bond & You Haven’t Been Paid, What’s Next? You supplied materials to the project, served a preliminary notice as...
2 min read
Understanding Furnishing Dates and Lien Deadlines
Understanding Furnishing Dates and Lien Deadlines: First, Last, and Completion When securing your receivables through the Mechanics Lien & Bond Claim...
1 min read
Complexities of Preliminary Notice Service in Construction
Overnight Delivery, Registered Mail, Certified Mail! Oh My! Contractors, subcontractors, material suppliers & laborers throughout the U.S. & Canada...
1 min read
Filing a Bankruptcy Proof of Claim as a Secured Creditor
Filing a Bankruptcy Proof of Claim as a Secured Creditor In the event of a debtor’s bankruptcy, secured creditors are paid before unsecured...