A payment bond secures a subcontractor’s and a supplier’s right to get paid. If a job is bonded, payment is secured generally by the bond and not by the property. Continue »
Ariela Wagner is the founder of SunRay Construction Solutions, a national preliminary notice software and research service. She assists billion-dollar companies in developing processes to secure their lien and bond claim rights. Wagner also develops educational webinars and seminars. Contact her at 954.491.1861.
Risk can cause sleepless nights unless it is managed through process and accountability. Meeting strategic objectives does not happen through osmosis. Continue »