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Stop Chasing Lien Waivers & Streamline Pay Apps

Construction Business Owner

Promote to rotator No Rotator Image Status of webinar Upcoming Discover how to standardize your schedule of values, application for payment processing, lien waivers and change orders. Central A lack of standardization for processing pay apps means SOVs, compliance documents, lien waivers, etc.

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Commercial Construction Best Practices: Debunking Construction Change Order Myths

HardHatChat

Commercial construction change order myths. If I had a dollar for every time I had to set the record straight on commercial construction costs and change orders… I would still have this job. There’s a misconception that general construction contractors love change orders. But, I would also be a lot richer.

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The Consequences of Overstating Claims Under Colorado’s Public Works Act

Levelset

The VSOC essentially operates as a lien on project funds, meaning the public entity must hold onto the claimed amount until the payment dispute is resolved. million claim was excessive due to the inclusion of unapproved change orders and disputed delay damages. The appeals court ruled that Wadsworth’s $12.7

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Seven Things to Do When an Owner Doesn’t Pay

Constructonomics

This attention to detail is paramount when trying to collect money because people tend to have amnesia when it involves payment and especially when it involves change orders. File a Mechanic’s Lien (if you can). In Pennsylvania, the law states that you cannot file a lien on a purely public entity.

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Mayer Building Company for Subcontractors: Payment Guide & Resources

Levelset

Digging deeper into company processes for payment, change orders, lien waivers, and more will give you a sense of what to expect while working with them. . Upon receipt of payment, subcontractors must submit an executed lien waiver. Download Mayer Building Company’s sample change order form.

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Court Recognizes Day-to-Day Changes Are Compensable Despite Contractual Waivers

Best Practices Construction Law

The owner-contractor agreement contains a “no damages for delay” clause; a clause requiring that all changes be in writing before work is performed; and a clause requiring partial lien waivers and releases with each periodic payment. The project involved the new construction of three buildings in Durham, North Carolina.

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Payment Applications 101: A Guide to Pay Apps in Construction

Fieldwire

Change orders : A change order is a written agreement between the owner or architect and the contractor that changes the contract amount, work requirements, and/or schedule. Conditional lien waivers : A lien waiver is a document that waives the signing party’s right to file a mechanics lien.

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