NEWS & EVENTS
Mo-Kan Construction Law Blog: Payment Bond Claims
It bears repeating that a mechanic’s lien is a contractor’s best friend. Mechanic’s liens should never be waived or compromised. However, there are instances when a lien is unavailable to protect a contractor’s payment rights. For instance, when the property upon which construction is taking place is a public property or quasi-public property, contractors are prohibited from filing mechanic’s liens. In other words, you can’t lien the King’s property. However, when the work is on public property, payment bonds are required to protect those supplying labor and/or materials from non-payment. Additionally, on some private projects, payment bonds can be legally substituted for lien rights.
Read the full post on payment bond claims the Mo-Kan Construction Law blog.
The Mo-Kan Construction Law blog connects readers with legal issues and news related specifically to the construction industry. The blog is authored by Dysart Taylor attorney Lee Brumitt. Lee focuses his legal practice in construction law and represents a wide variety of construction trades.