In the construction industry, mechanic’s liens and bond claims are two essential legal remedies used to secure payment. Both protect contractors, subcontractors, and suppliers who have provided labor, materials, or services but have not been paid.
Learn about the payment bond claim, how to get paid after sending a Notice of Nonpayment, when to send a Notice to Owner/Notice to Contractor, and when the lienor has a claim against the surety bond.
When it comes to construction projects, ensuring timely payment is crucial for maintaining a healthy cash flow. One powerful tool to protect your payment rights is through liens and bonds.
