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A Constant Stream of Helpful Content on Getting Paid in Construction
Communicating Project Milestones to Stakeholders: Best Practices
Communication is paramount for a project to be completed effectively, especially when multiple people are involved, as is the case with construction projects. From closing a new construction contract to completing each phase within time and budget, effectively communicating with the relevant stakeholders can make all the difference. But how, exactly, can you communicate in […]
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Optimizing the Construction Contract Lifecycle Process for Better Results
Total construction spending in the United States continues to rise and is estimated to have eclipsed $2.1 billion in September 2024 alone. You want to strike while the iron is hot. Nothing gets done in construction until all parties sign a legally binding agreement. The stages of the contract lifecycle are the same regardless of […]
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NC Lien Waivers: Templates and Guide
In North Carolina, subcontractors, suppliers, and contractors are often requested to sign lien waivers to relinquish their mechanics lien rights in exchange for payment. It’s important to understand how lien waivers work in the state and how they are worded to ensure you only sign away lien rights on payments already received. NC Lien Waiver […]
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Notice to Contractor and Preliminary Notice of Lien Rights in Georgia: Forms and Guide
The Notice to Contractor formally informs the owner of your involvement in the project, preserving mechanics lien rights for private projects or bond claims for public projects. This is required when the GC or owner records a Notice of Commencement. Separate forms are used for private and public projects, and you can find templates in […]
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Georgia Lien Waiver and Release Forms: Interim and Final
Signing a Georgia lien waiver is typical for suppliers, subcontractors, laborers or any hired party contributing to a project–they are a normal part of the payment cycle in construction projects in the state. Hiring parties typically request lien waivers to manage the mechanics lien rights of those who contribute work or materials to a project. […]
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Georgia Affidavit of Nonpayment: Template and Guide
The Affidavit of Nonpayment in Georgia must be filed within 90 days to retain lien rights if you signed a waiver and didn’t receive payment. Every state has its own rules and requirements for filing a mechanics lien and other lien-related documents. One unique rule that only applies to Georgia concerns the filing of a […]
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California Final Unconditional Lien Waiver: Template and Guide
California final unconditional lien waivers are typically signed once all payments have been cleared at the end of the project. When a hiring party requests a supplier or subcontractor to sign an unconditional lien waiver, it means they are asking for the signing party to relinquish all their mechanics lien rights, whether they’re paid or […]
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The Real Work of Building Relationships: How Credit Pros Make It Happen Every Day
For credit professionals, building relationships isn’t just a nice to have—it’s a crucial part of the job. It’s what turns tough negotiations into fair agreements and helps navigate cash flow challenges without burning bridges. But what does building relationships actually look like for credit pros in construction? It goes far beyond sending emails or shaking […]
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Minnesota Lien Waivers: How to Stay Protected and Get Paid
A lien waiver in Minnesota is a document used to waive or release a party’s right to file a mechanics lien after receiving payment for construction work or materials. Understanding lien waivers is essential for subcontractors and suppliers to protect their payment rights and comply with state regulations. Let’s break down the practical aspects of […]
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