Its Thursday, and for some there is a lot of excitement in the air. The NFL players recently won a heated court battle to end the lockout and the first round of the draft begins tonight. So, why you are all distracted with who your team will select tonight – don’t forget your lien[...]
Archive for the ‘Collection’ Category
April 28th, 2011 - 9:51 am § in Collection, Construction Liability, Lien Notice, Liens & UCC, Litigating Your Lien
Don’t Get Distracted, Remember Your Washington Lien Deadlines
Higher Surety Bonds or Private Vigilance? Bonding Solutions For Your Project
$12,000.00. In most cases, this is all that the State of Washington requires a contractor to post for bond, as security for defective construction. Ever wonder why the statutory bond amount is so low? Whats the best solution?[...]
April 7th, 2011 - 1:42 pm § in Collection, Construction Liability, Construction News, Federal & State Contracts, Public Contracting
Washington’s Prompt Payment Act: Public Works Only
Way back in 2010 (way back, right?), I wrote an article about the sad fact that Washington does not have a Prompt Payment Act. What I probably should have said is that the state lacks a private Prompt Payment Act, mandating quick payment in private construction. Because if you are on a public[...]
A Lien Might Just Save Your Small Construction Business
Many owners incorrectly believe that payment to the general contractor gets the owner off the hook for payment to subcontractors and suppliers. This assumption sometimes fosters the irresponsible owner, who fails to ensure that everyone is getting paid. Fortunately for those contractors further down[...]
March 7th, 2011 - 10:46 am § in Collection, Construction Liability, Liens & UCC, Managing Risks, UCC Security Interests
Contractors Should Know About the UCC – Especially Pre-Fab Builders
If you are in the construction industry, you most certainly have been involved with the enforcement of a lien. Whether you filed the lien, enforced it, or fought against it, contractors tend to be quite apt in the use of liens.[...]
January 25th, 2011 - 11:13 am § in Case Law, Collection, Construction Liability, Legislation & Law, Liens & UCC, New Laws
Lien Law: Contractor Loses Lien for Prep Work & New Legislation
A Washington appellate court has ruled that a contractor’s pre-bid investigatory work cannot form the basis of a lien. The court’s ruling was published today, a day after new legislation was offered to change a portion of the lien law.[...]
