Bond Claims news:

The U.S. Miller Act  gives subcontractors, suppliers, and laborers a bond claim on federal projects. The Act requires that a payment bond be posted by the prime contractor for every...

Under the Miller Act, a party is limited to a one year period to file suit against a payment bond to recover payment. This one year period may be extended for very...

In 2015, the Illinois Governor signed a law into effect that allows certain parties to replace a mechanics lien with a payment bond. A lot of people think the Illinois...

Mechanics liens are powerful tools to get parties in the construction industry paid. While there are several steps that parties on the top of the payment chain have to challenge...

Lien waivers, including waivers of the right to make a bond claim, are common documents that are exchanged on every construction project. Far from being “throw-away” documents standing in the...

In Arizona, every party without a direct contract with the general contractor is required to give a preliminary notice within 20 days of the party’s first furnishing of labor and/or materials in...

The construction payment process has a fairness problem. All too often, construction payment fairness is marginalized by parties leveraging their respective positions on the contracting chain, in an attempt to...

We recently noted that North Carolina mechanics lien law may be changing again, by “clarifying” the requirements surrounding the Notice to Lien Agent. That is not the only potential modification to...

Just a few days ago, a new contributor to the Construction Payment Blog authored a review of the recent changes to North Carolina bond claim law, specifically the revisions to...

If you’re a general contractor on a construction project, you know that one of the most important parts, besides the construction itself, is ensuring that the flow of money from...