There’s another change underway to Construction Law, this time in the state of Indiana. Indiana has modified the timing for contractors, subcontractors, and material suppliers to make claims against public project retention/contract proceeds and/or the payment bond provided for on Indiana public projects. …
Out with the old, and in with the new: Iowa is set to dump their old paper lien filing system and install a new centralized, online system. Its legislature has made major revisions to the Iowa mechanic’s lien law. Iowa will now centralize its lien filing through the establishment of an online registry for both commercial and residential projects. Under the old law, liens were filed with the clerk of court for projects located in any of Iowa’s 99 counties. …
Head’s up—the California legislature is at it again! They have modified the California mechanic’s lien law. The updates take effect July 1, 2012.
Thankfully, many of the changes are cosmetic, such as changes in phraseology of key words like “original contractor” and “materialman.” They also serve to make the lien law easier to understand, such as the legislature’s attempt to consolidate and bring consistency to the notice provisions. …
Getting paid on a construction project is tricky. It is especially tricky when the construction project runs into financial trouble, construction difficulties, or delay. When problems arise, all sorts of players—the owner, general contractor, numerous subcontractors, lenders and potential sureties—make a grab for project funds. If you are not on top of your game, you might be left out in the proverbial cold. The money grab that ensue can be a “zero sum” game, meaning that another party might get paid at your expense. But, don’t despair: If you follow our recommendations, you increase the likelihood of getting paid on a construction project. …