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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. Tue, 11/05/2024 - 12:00 1:00 p.m.

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10 Ways a Mechanic’s Lien Gets You Paid

Construction Business Owner

Most people in the construction industry have heard of the term “mechanic’s lien.” But if you ask anyone to explain what a lien is, how it works or even how the word is spelled, you will likely learn that their knowledge about mechanic’s liens is basic at best.

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Mechanics liens up 40% as COVID-19 pandemic disrupts industry

Construction Dive

The increase in liens filed from January through March indicates that contractors and suppliers took action to protect their payments as projects began to shut down in response to the novel coronavirus.

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Simplifying Lien Waivers

Construction Business Owner

The mechanics lien is a powerful tool, but in everyday practice, the true value of a mechanics lien may be in waiving the right to claim one. Unlike the mechanics lien itself, waiving the right to claim a lien can work to the benefit of all parties and can be a true collaborative, relationship-building moment.

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Breaking Ground on Better Payment Processes: Strategies for Construction Pros

Speaker: Timothy Allsopp

🔧 Discover modern strategies for streamlining lien waivers and invoicing. Whether you’re focused on small scale builds or larger multimillion-dollar projects, you’ll leave with a clear understanding of how innovative payment processes can drive efficiency and long-term success.

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Does a Lien Affect Your Credit Score?

Levelset

If you receive a notice that a lien has been filed on your property, you may wonder how it will affect your credit score and your ability to borrow money or get credit. Mechanics liens are different from other collection instruments, so they are treated differently when it comes to reporting on your credit history. What is a lien?

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Subs on $1.5B Philadelphia Comcast Technology Center file millions in liens

Construction Dive

Multiple mechanic's liens were filed on the downtown high-rise project, alleging general contractor L.F. Driscoll, affiliates of developer Liberty Property Trust and others withheld payment.

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