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Payment Bonds and Bond Claims

kalford September 13, 2021

Payment Bonds and Bond Claims

Payment bonds / bond claims are a payment security often available for those furnishing to public and federal construction projects, and even the occasional private project. In this infographic, you will learn who is a party to the payment bond, who is protected by the payment bond, how to know whether a payment bond has been issued, and when and how a bond claim should be served.

 

What Is a UCC Termination and How to Avoid Costly Errors

Understand UCC Terminations, UCC-3 filings, who can terminate, and common errors that can wipe out security interests and payment priority.

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Serve Preliminary Notices via Certified Mail

We always recommends serving preliminary notices via certified mail with return receipt requested. The additional cost to add “return receipt” is significantly less than potential court costs & time...

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NetNow Partners with NCS Credit

NetNow and NCS Credit launch an integration that brings notice, waiver, and lien tools into one platform to improve efficiency and protect payment rights.

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