The Lien Index increased slightly to -9.03% in Q3, up approximately .5% over Q2. Throughout Q3, national mechanic’s lien activity remained relatively flat, though there were some significant changes regionally. We anticipate an increase in mechanic’s lien activity in Q4. Although a Q4 increase would be in line with seasonal trends, the industry will continue to contend with the strain on the costs and availability of materials and labor. Download the full report for details.
Podcast: How Price Escalation Clauses Protect Subcontractors
How do escalation clauses protect subcontractors & material suppliers? Attorney Mark Gryzmala shares contract strategies to manage rising construction costs.
Practical Guide: How Do Lien Waivers Work in Construction?
Download our guide to lien waivers in construction. Learn how to choose the right waiver for contractors, meet state requirements, and protect payment.
Provincial Construction Payment Rights in Canada
Discover your payment rights on provincial construction projects in Canada, including how to secure bond claim rights and navigate Public Works Act claims.