FASA Release: Subcontractors and Suppliers Are Learning How to Use Liens and Bond Claims to Protect Their Payment Rights with FASA Video-on-Demand

ALEXANDRIA, Va.—Prudent construction subcontractors take advantage of every tool available to them to protect their payment rights. These tools include payment bonds and mechanic’s liens.

Bond and lien claims can be powerful weapons, but payment bonds, mechanics’s liens and the laws regarding them can be complex and tricky, and each state’s law is different. One simple misstep can deprive a subcontractor of its lien and/or bond rights.

In a new video-on-demand from the Foundation of the American Subcontractors Association, “Lien & Bond Claims,” presenter Timothy J. Woolford, Esq., Woolford Kanfer Law P.C., explains the basics, including what to do, when to do it and what to avoid in order to preserve these potent and valuable weapons to enforce your sacred payment rights.

Woolford has a rapidly growing construction law practice, focusing on the representation of contractors, subcontractors, owners, developers and design professionals. He represents construction professionals in all aspects of the construction process, including project planning and approvals, contract creation and negotiation, consultation on day-to-day construction issues, claims preparation and defense and dispute resolution.

“Lien & Bond Claims” (Item #8122) is $65 for ASA members and $95 nonmembers. This and other on-demand videos are available through FASA’s Contractors’ Knowledge Depot.

FASA was established in 1987 as a 501(c)(3) tax-exempt entity to support research, education and public awareness. Through its Contractors’ Knowledge Network, FASA is committed to forging and exploring the critical issues shaping subcontractors and specialty trade contractors in the construction industry. FASA provides subcontractors and specialty trade contractors with the tools, techniques, practices, attitude and confidence they need to thrive and excel in the construction industry.

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