Construction Payment & Policy News

Obtaining Louisiana Surety Bonds Gets Easier For Small Businesses

Mechanics liens and surety bond claims are among the best tools available to contractors, subs, and suppliers. By leveraging lien rights, an unpaid party is able to enforce their right to payment by putting an owner’s property at risk of eventual foreclosure. Public property cannot be encumbered by a mechanics lien, but a general contractor must provide surety bonds on projects. […] Read More