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October 14, 2019
Over the last two years we have discussed the changes to Ontario’s Construction Lien Act. Now, with all changes in force, here’s a breakdown of what you should know. The first …
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October 11, 2019
If you are furnishing to a construction project in Canada, you follow steps to secure mechanic’s lien or bond claim rights, much like you would when furnishing to a project …
October 7, 2019
Miss the Miller Act Bond Claim deadline by a day and lose the right to recover a claim amount of over $8M. Sounds a bit dramatic, no? Perhaps. But the …
September 20, 2019
There have been some key developments and changes to mechanic’s lien and bond claim laws throughout the U.S. Notably, changes to retainage in Illinois and Minnesota, new Notice of Nonpayment …
August 16, 2019
Changes to bond claims, payment bond thresholds, and payment bond requirements have hit seven states so far this year: Missouri, Mississippi, Arkansas, Kentucky, Rhode Island, Wyoming, and Colorado. Here’s a …
June 14, 2019
A “lien dissolution bond,” which can be filed to remove mechanic’s liens from a property, is one of many names or phrases given to bonds of this type. Some other …
May 13, 2019
Ahh, payment bonds and bond claims; a payment security often available for those furnishing to public and federal projects and even the occasional private construction projects. Before you can exercise …
April 29, 2019
Furnishing to a construction project in the Sooner State? Today’s quick read post is just for you! In this post we’ll review the steps needed to secure mechanic’s lien and …
April 22, 2019
An Alabama Court of Appeals has upheld a trial court’s decision: a subcontractor cannot recover its claim from the general contractor’s surety if the subcontract contains a contingent payment clause …
March 29, 2019
Private projects in Texas – mechanic’s lien or bond claim? Ordinarily I would say “Mechanic’s lien!” However, that may not always be the case. And be careful, because mechanic’s liens …
February 4, 2019
The construction credit world is chock full of industry-specific terms and definitions; sometimes it’s tough to keep them straight. “Bond” is one of those terms. Is it a payment bond, …
January 21, 2019
What do you call the collective group of parties on a construction project? (Sounds like the start of a fun dad-joke!) We often refer to the collective parties as the …
Education Center
Education Center