The construction industry is evolving.
The COVID-19 pandemic has resulted in the disruption of construction projects throughout the country. Often times, these disruptions result in payment disputes among the various project participants, with subcontractors, material suppliers, and equipment lessors bearing the burden of ever-changing rules and regulations. Increased safety restrictions have begun to limit the number of people on-site, causing projects to slow down and in some cases come to a halt. In addition, supply chains are slowing down, which will have a continued effect on cashflow for everyone in the construction industry. These issues are only compounded by industry requirements forcing project participants to purchase more-and-more personal protective equipment. But why should you be responsible for these increased costs and burdens? Why should you wait for payment that is rightfully due?
Can you file bond claims?
Are you waiting for payment for services or goods provided to a public improvement construction project? Nearly all public works construction projects have a payment bond guaranteeing payment to all of the project participants. No matter who you entered into an agreement with, the bonding company guarantees that you will be paid.
So, if you provided goods and services to a State, Municipal, or Federal construction project, you can file a payment bond claim to collect the money you are owed directly from the bonding company. When done correctly, filing a bond claim is the most efficient and cost-effective way to collect your past due balance.
File bond claims for free in 2020.
ConstructionDisputes.com is an online platform that simplifies and streamlines the process of filing bond claims. We will do the hard work for you and ensure that your bond claim complies with all laws, regulations, and bonding company requirements. Whether you are a small business or a large operation, you deserve to be compensated for the work that you have performed. We understand just how COVID-19 has impacted the construction industry, and that is why we are addressing these uncertain times by offering free bond claims for the remainder of 2020. We are now processing bond claims – request early access here to get started.