ASA News Release: ASA Supports H.R. 3534 to End the Regulatory Double-Standard Allowing ‘Illusory’ Assurances of Subcontractor and Supplier Payment on Federal Projects
Release Date: 03/23/2012
2012 May Webinar: The Science and Art of Getting Paid
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ASA Webinar: The Science and Art of Getting PaidDate: May 8, 2012Getting paid on time and in full is part science and part art. Learn how to develop and implement a corporate strategy supporting timely and full payment, using the law, your contract, and your company personnel to apply pressure exactly when it is needed. Spend time managing projects instead of chasing down uncollectable receivables.This live, 90-minute webinar starts at 12:00 p.m. Daylight Savings Time/9:00 a.m. Pacific Standard Time. Your registration allows access with one Internet connection and one telephone...
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ASA News Release: ASA Supports H.R. 3534 to End the Regulatory Double-Standard Allowing ‘Illusory’ Assurances of Subcontractor and Supplier Payment on Federal Projects
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ALEXANDRIA, Va. — On March 9, 2012, the American Subcontractors Association warned the Subcommittee on Courts, Commercial and Administrative Law of the U.S. House of Representatives’ Judiciary Committee that “a payment bond from an individual surety providing only illusory protection can … easily result in a catastrophic loss to a small subcontractor or supplier.” ASA told the subcommittee that the Security in Bonding Act of 2011 () is “a targeted Congressional intervention” that the full Judiciary Committee should approve without delay to prevent...
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8045 Benefiting from the New and Improved ConsensusDOCS Documents
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ConsensusDOCS documents underwent substantial revisions to address the evolving needs of the construction industry in 2011. In this 90-minute webinar, presenter Julie Neuroth, Esq., Benjamin, Yocum & Heather, LLC, Cincinnati, Ohio, explains why these documents were updated; what’s new and improved in key documents like the ConsensusDOCS 750 Agreement Between Contractor and Subcontractor; and how these changes benefit subcontractors.
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Managing Your Completed Operations Risk
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You’ve heard the horror stories, and sometimes they’re true. Many state laws and contracts create a legal structure that for years after the project allows owners and contractors to sue subcontractors for faulty maintenance, and third parties to sue for damages that aren’t the subcontractor’s fault. Learn how to better manage your risk of completed operations claims in FASA’s newest CD-ROM, “Managing Your Completed Operations Risk” (Item #8037). In this 90-minute CD-ROM, David Hendrick and Jared Heald of Hendrick, Phillips, Salzman and Flatt, Atlanta, Ga., provide tips on...
info_outlineALEXANDRIA, Va. — On March 9, 2012, the American Subcontractors Association warned the Subcommittee on Courts, Commercial and Administrative Law of the U.S. House of Representatives’ Judiciary Committee that “a payment bond from an individual surety providing only illusory protection can … easily result in a catastrophic loss to a small subcontractor or supplier.” ASA told the subcommittee that the Security in Bonding Act of 2011 (H.R. 3534) is “a targeted Congressional intervention” that the full Judiciary Committee should approve without delay to prevent such losses.