HardHatChat

FEBRUARY 9, 2010

By using the existing subcontractors instead of hiring someone new, you can resolve or avoid a mechanics lien as you’ll be adhering to the original subcontractor contract. Can you use the existing subcontractors within the balance of their contract value or do you need to rebid the entire project?

Commercial 168

Commercial Construction Lien Deals 168

Levelset

APRIL 7, 2022

While homeowners know they need a contractor to repair their house after a storm, complete a renovation, or build their dream home, they’ve heard the stories. Shady, fly-by-night contractors will promise customers the world — and they hide the fact that they can put a lien on the owner’s home. Contractors often get a bad rap.

Contractors 52

Contractors Lien Education Housing 52

Construction Marketing Ideas

JUNE 4, 2015

A Google images montage for “renovation business failure” Yesterday, I received a disturbing email from the executive director of an association to which we belong. First, the association, in encouraging renovators to become members, now has to deal with the real risk of more business failures.

Renovating 48

Renovating Lien Contractors Claims 48

Building Radar

SEPTEMBER 9, 2024

As-built drawings are indispensable for facility management, maintenance, and any subsequent renovations. What is a ‘Mechanic’s Lien’? A mechanic’s lien is a legal claim that contractors, subcontractors, or suppliers can place on a property if they are not paid for their work or materials.

Drawings 52

Drawings Construction Lien Contract 52

Levelset

MARCH 31, 2022

If a contractor doesn’t receive payment, they can’t go after the insurance company – but they do have the right to file a mechanics lien on the owner’s property. If the insurance company doesn’t cover the construction costs in full, the owner is still on the hook for the contractual amount.

Insurance 93

Insurance Deals Contractors Claims 93

Levelset

SEPTEMBER 23, 2022

Builder’s risk insurance protects the building while it’s under construction or renovation, allowing the policyholder to recoup losses caused by accidents, fires, weather, vandalism, theft, or other risks named in the policy. The bond is purchased by the contractor and protects the property owner from financial risk.

Insurance 52

Insurance Liability Accidents Risk 52

Buisness Facilities Contributed Content

MARCH 8, 2016

A JDA Real Estate Loan is normally a second mortgage loan, subordinate to a first-mortgage loan provided by a bank; M&E Loans are secured by a first lien, co-equal with the bank’s lien, on the M&E being financed. Funds to make Loans are derived from the sale of State-guaranteed bonds.In

New York 40

New York Finance Products Commercial 40

Levelset

JULY 19, 2022

In the end, your business is a collection of many different processes—from simple phone greetings to deciding whether to file a mechanics lien for non-payment. On residential jobs, the homeowner is dealing with a potentially large outlay of funds and may be in a stressful situation — like a major home renovation or preparing for a sale.

Cash Flow 52

Cash Flow Accounting Profitability Residential 52

Levelset

JULY 18, 2022

In the end, your business is a collection of many different processes — from simple phone greetings to deciding whether to file a mechanics lien for non-payment. On residential jobs, the homeowner is dealing with a potentially large outlay of funds and may be in a stressful situation — like a major home renovation or a burst pipe.

Cash Flow 52

Cash Flow Accounting Profitability Legal 52

Levelset

JULY 15, 2022

In the end, your business is a collection of many different processes—from simple phone greetings to deciding whether to file a mechanics lien for non-payment. On residential jobs, the homeowner is dealing with a potentially large outlay of funds and may be in a stressful situation — like faulty wiring or a major renovation project.

Electrical 52

Electrical Cash Flow Accounting Profitability 52

Buisness Facilities Contributed Content

APRIL 15, 2014

Prevailing wage must be paid to workers involved in the construction or renovation. Funds may be used by large businesses for bondable business activities including financing the purchase of land or buildings, building construction or renovation, and certain types of machinery and equipment.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. The SBA takes a second lien on assets and finances up to 40 percent of the project cost, up to $1 million in some cases. Borrowers inject 10 percent in the form of cash or equity in real estate.

Income 75

Income Finance Zoning Equipment 75

Building Information Management

JULY 27, 2016

Standardizing the presentation of renovation, repair, maintenance, and new construction tasks and costs improves communication and collaboration among all parties, as well as helps to assure financial transparency/. 00 61 16 Lien Bond Form. Affidavit of Release of Liens Form. 00 61 16 Lien Bond Form. Project Delivery.

Equipment 45

Equipment Construction Schedule Concrete 45

Building Information Management

JULY 27, 2016

Standardizing the presentation of renovation, repair, maintenance, and new construction tasks and costs improves communication and collaboration among all parties, as well as helps to assure financial transparency. . 00 61 16 Lien Bond Form. Affidavit of Release of Liens Form. 00 61 16 Lien Bond Form. Project Delivery.

Equipment 40

Equipment Construction Schedule Concrete 40

Building Information Management

APRIL 24, 2016

Job order contracts, provides a flexible and responsive contractual capability in supporting its real property maintenance and renovation mission. The Owner may hold a retainage for completion of any punch list(s) for the estimated cost to complete the punch list and /or release of liens. Modification to Job Orders. Subcontract bid.

Contract 40

Contract Contractors Materials Site 40

Building Information Management

JUNE 22, 2012

Demonstrate ability to ensure tenant renovations have adequate design, does not interfere with othertenants, local code compliance, high quality of work. o Work with contracting personnel to: • Obtain lien waivers/release of liens if required. • Issue final payment. • Create budget variance report. 3. lists.

Management 45

Management Contract Sustainability Life Cycle 45