According to the Chicago Tribune, the Commerce Department reported that in the month of July construction spending grew over 0.6 percent , rising to the highest level in 4 years. Construction spending increased to an adjusted annual rate of $915 billion, with an increase of 7.1 percent above the previous August, which was led by private […]
Category: mechanics lien
Iowa’s Mechanics Lien
In Iowa , liens filed on private property or on funds relating to a public project are known as Mechanic’s Liens. When an Iowa mechanics lien is filed with regard to work performed on privately owned property, it attaches to and encumbers the fee simple ownership of property. Iowa construction liens do not attach to […]
Lien Filed by EOP Architects of Lexington
According to Kentucky.com, the CentrePointe project in downtown Lexington still owes EOP Architects more than $430,000 for their services. According to files with Fayette County Clerk, EOP filed a lien against CentrePointe in the amount of $432,789.56 on Thursday. The company withdrew from the project in August and unfortunately had to resort to placing a […]
Idaho Mechanic’s Lien
In Idaho, liens filed on private property or on funds relating to a public project are known as Mechanic’s Liens. When an Idaho mechanics lien is filed with regard to work performed on privately owned property, it attaches to and encumbers the fee simple ownership of property. Contractors, as well as subcontractors, design professionals, sub-subcontractors […]
College Construction Spending in Accordance to the Rise and Fall of the Economy
According to the The Chronicle of Higher Education, research presented at the Association for the Study of Higher Education has shown that state expenditures on college construction for higher-education does not coincide with the rise or fall of the economy. The study has also shown that college construction spending tended to rise in the best and worst […]