Payment is the lifeblood of any contractor, subcontractor or supplier. Yet many myths adversely affect your ability to timely secure payment. Here is my personal top ten. 1. “Don’t worry about it, we can always lien.” While lien rights are important, they are not a substitute for good credit practices. Lien rights only attach to any […]
contractors Archive
Preemptive Actions for Construction Collections
In a quick-paced world, getting paid promptly is key to many construction businesses. In order to do so, preemptive actions on the front end of your relationships with contractors and general managers is best. Here are a few quick tips to help you get out in front of the curve towards successful collections. 1. Initially, get as […]
Price Escalation Due to Steel Tariff
There has been a lot of discussion lately about President Trump’s plan to assess tariffs of 25% on steel and 10% on aluminum. Construction materials use a lot of steel and would be greatly impacted by cost increases that will likely flow from such tariffs. Regardless of where construction contractors and subcontractors stand on this […]
The Ten Commandments of Construction Law
A construction project can be “a problem in progress.” What separates successful owners, contractors and subcontractors from the others is their ability to effectively manage those problems. Practitioners advising the construction industry frequently consult the relevant contract documents when dealing with these problems, but there are several key statutes that trump the contract that counselors […]
8th District Court of Appeals Allows City of Cleveland to Continue With Its Residency Requirements
Updating earlier blog postings on this topic, the Eighth District Court of Appeals followed earlier court rulings and prohibited the State from enforcing its statute eliminating residency requirements for construction projects, which was signed by Governor Kasich in August 2016 (City of Cleveland v. State of Ohio, 8th Dist. Cuyahoga No. 105500, 2017-Ohio-8882). By doing […]