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NCS COVID-19 State and County Updates
September 21, 2020
A review of the mechanic’s lien document, via LienFinder™, confirms one general contractor is owed over $200M, and various subcontractors are owed an additional $2.5M, after furnishing to a project …
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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 …
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 1, 2020
Furnishing to a private construction project in Wisconsin? Today’s post is all Wisconsin. Let’s review what you should know about mechanic’s lien, bond claim, and lien on funds rights for …
May 18, 2020
“Watch your language!” Does it sound like I’m having flashbacks to my rowdy unruly teenage years; my dad hollering when I got a bit too sassy? Maybe. But today I’m …
May 4, 2020
In construction, there are often multiple contracts and agreements being executed simultaneously, between a multitude of parties. Frequently, the sale of a property occurs while construction is underway or construction …
April 27, 2020
Are you furnishing to a construction project? If so, should you send a Notice of Delay? The National Law Review posted an article entitled “Contractors: It’s Time to Send Your …
March 19, 2020
If you extend credit, you are vulnerable to risk — whether furnishing to a single construction project or selling on revolving terms. This vulnerability grows exponentially in the midst of …
February 10, 2020
It’s part three of our three-part series of Commercial Credit Management Tips from NCS. Previously we provided favorite tips for Collections and UCCs. Today we wrap up this series with …
January 20, 2020
It’s 2020 & the Louisiana mechanic’s lien changes are in effect! Last year we touched on a few changes, now let’s take a deep dive and review what you should …
January 17, 2020
Furnishing to a public project in Texas? Well saddle up, today’s post is just for you! Let’s review the notice and bond claim requirements for Texas public projects. Generally, payment …
January 13, 2020
Pennsylvania has a State Construction Notices Directory, which houses filed notices for construction projects of $1,500,000 or more. These notices include Notices of Commencement, Notices of Furnishing, Notices of Non-Payment …
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