With the looming possibility of tariffs causing sudden and significant increases in the prices of building materials within the construction industry, contractors, subcontractors and others who contract to perform construction work can suffer significant losses. This is particularly true when the prices they must pay for materials rise significantly between the time they sign a […]
When working on federal public works construction projects there are no Stop Payment Notice or Mechanics Lien remedies available to protect subcontractors’ and suppliers’ right to payment. Instead, unpaid subcontractors and suppliers must resort to making a claim for payment under a federal law known as the Miller Act (40 USCS 3131 et seq.). Many […]
Running a successful contracting business in California requires more than just skill and dedication to your craft. To truly safeguard your business assets, you must consider the future — not just for day-to-day operations, but for the long-term continuity of your business. Business succession planning is a critical tool to ensure your contracting business continues […]