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  2. Lien waiver - Wikipedia

    en.wikipedia.org/wiki/Lien_waiver

    It is an inherent vagary in the lien release law. In the United States , some states only use a conditional waiver on progress payment and an unconditional waiver on final payment. The mechanics lien process can be of great value to claimants in enforcing their claims, if done according to the laws of the various states, or the federal government .

  3. Retainage - Wikipedia

    en.wikipedia.org/wiki/Retainage

    The contractor has a financial incentive to achieve completion as early as possible (to release the first moiety payment) and to minimise defects in the works (to achieve the second payment). [3]: 27 Retentions held against sub-contractors are also a key source of cash for main contractors, who may use them to finance new projects.

  4. Mechanic's lien - Wikipedia

    en.wikipedia.org/wiki/Mechanic's_lien

    A lien release, also known as a release of lien or a cancellation of lien, is a document that may be voluntarily provided by a lien claimant, such as a subcontractor, in exchange for payment or a promise of payment from a general contractor or a property owner. Negotiations may be tricky, as lien claimants generally want to be paid before they ...

  5. Construction bidding - Wikipedia

    en.wikipedia.org/wiki/Construction_bidding

    Bid solicitation is the process of making published construction data readily available to interested parties, including construction managers, contractors, and the public. There are several services, including government entities and private plan rooms, that allow project owners to release project details to solicit and obtain contractor bids.

  6. Submittals (construction) - Wikipedia

    en.wikipedia.org/wiki/Submittals_(construction)

    The contractor should confirm that finish requirements in the specification are being met by the product. Specific request for jobsite dimensions: Some materials are custom-fabricated to job conditions, requiring dimensions from the jobsite. These jobsite dimensions are provided by the contractor, prior to release of the product for manufacture.

  7. Trump revokes security clearances of former intelligence ...

    www.aol.com/news/trump-revokes-security...

    The letter signers Trump targeted include former Director of National Intelligence James Clapper, an intelligence official who worked for Republican and Democratic administrations; former CIA ...