Podcast – Lien Waivers for Contractors & Subcontractors
Should you sign a lien waiver before payment clears? What's the difference between a conditional and an unconditional waiver? Attorney Mark Grzymala joins NCS Credit's Alec [...]
read moreShould you sign a lien waiver before payment clears? What's the difference between a conditional and an unconditional waiver? Attorney Mark Grzymala joins NCS Credit's Alec [...]
read moreA late project does not produce a recoverable delay claim. Illinois construction litigation separates three questions: who caused the event, whether it affected performance, and [...]
read moreOwner nonpayment becomes more dangerous when a developer’s problem extends beyond one overdue invoice. A contractor may have a valid claim yet recover little if mortgage debt, [...]
read morePayment rights on Illinois construction projects depend on the project and security. Public work may support a statutory payment-bond claim and a lien against undisbursed public [...]
read moreWhen material costs skyrocket overnight, who pays the price? Without the right protections, subcontractors are often left "holding the bag," absorbing massive losses that can tank [...]
read moreA change-order dispute rarely turns on whether additional work occurred. The controlling questions are whether the work exceeded the contract, was authorized, compensable, and not [...]
read moreIn 2026, Illinois contractors are judged on two things: how well they build and how well their contract clauses protect their payment. When a project goes sideways, owners, [...]
read moreHow many profitable projects in your pipeline would it take to offset one major job that turns into a lawsuit over delays, disputed change orders, or unpaid invoices? A [...]
read moreIntroduction Back in July 30, 2015, then Illinois Governor Bruce Rauner signed H.B. 2635 into law. This bill amended the Illinois Mechanics Lien Act (770 ILCS 60/1 et seq.) and [...]
read moreContractors are pricing work with volatile material costs, tight labor markets, and owners who expect aggressive schedules and lean retainage. The three issues most likely to harm [...]
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