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NCS Credit Lien Index Q3 2023

kalford October 20, 2023

NCS Credit Lien Index Q3 2023

The Lien Index decreased to 51 in Q3. The decrease comes on the heels of a revised rate of activity for Q2 2023, in which the Index increased from 47 to 54. Despite the slowdown, lien activity is 13% higher than Q3 2022. Cyclically, we expect to see the Index climb in Q4. As the season winds down and the fiscal year comes to a close, disputes, change orders, and lack of cash flow will slow and even stop payments.

Download the full report for details.

 

How to Get Payment Bond Information on a Federal Project

Need payment bond details for a federal construction project? Learn how to access this crucial information directly from the government & protect your payments.

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Case Study: Hundreds of Projects. One Spreadsheet. A Better Way Forward.

Explore advanced lien tracking solutions tailored for seamless ERP integration. Boost productivity & simplify processes to effectively manage construction credit.

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Podcast: Lien Waivers for Contractors & Subcontractors

Tune into our podcast with construction attorney Mark Grzymala to discover the types of lien waivers for contractors and subcontractors, when to sign, and more.

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