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NCS Credit Lien Index Q4 2023

kalford January 26, 2024

NCS Credit Lien Index Q4 2023

The Lien Index ended 2023 at 55. This is an approximate 5% decline in activity from Q3 2023 and a 4% increase in activity compared to Q4 2022. Even though activity has slowed over Q3, lien activity remains above 50, signaling payment issues on projects nationwide. The Index is predicted to stay over 50 in early 2024, as new construction starts aim to recover from a turbulent Q4. With fewer projects starting, cash flow challenges will surface in areas such as aggressive bidding, putting additional pressure on razor-thin margins. 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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