Want to transport your goods the slowest way possible? Try sending them via train through Chicago, where for more than a decade trains have gone so slow that they average speeds of less than 5 miles per hour. Because of the bottleneck that the transportation of goods has experienced in the Chicago – the nation’s largest commercial train transit pass […]
Month: May 2012
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US Construction Jobless Rate Ebbs
Even though the construction industry continued to lose jobs in April (the month saw another loss of 2,000 construction industry related jobs), the construction industry unemployment rate saw a drop of nearly three percent (3%). The United States Department of Labor’s latest employment report indicated that the hardest hit area in the construction industry in […]
Iowa Construction Lien, Iowa Mechanics Lien, iowa mechanics lien electronic filing, iowa notice of commencement, Iowa prelien notice, Iowa preliminary notice, iowa residential mechanics lien
Iowa Electronic Filing Bill Signed Into Law: Changes Way Liens are Filed
In the last week of April, 2012, we posted a blog about proposed changes to the Iowa mechanics lien law that would require all mechanics lien documents to be electronically filed. At that time, the proposed bill had passed the House, and was on its way to the Senate. Since then, the entire Iowa legislature approved […]
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Architect and Engineers Get No Respect from Miller Act
The purpose of the Miller Act is to provide security of payment to those who perform work on a Federal Project, but do not have a direct contract with the owner. The Miller Act requires that a “payment bond” be procured on all Federal Projects, which inures to the benefit of the subcontractors and suppliers. […]
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Residential Collections Harder In Pennsylvania
Collecting money is always a challenge, but is even more of a challenge for contractors or subcontractors doing work on residential building projects in Pennsylvania. While placing a mechanics lien or a construction lien on a property is one way to secure payment, there are several other steps to follow to keep those accounts receivables down to a manageable level. […]