Lien waivers are important when a project has many subcontractors and must collect lien waivers as invoices are paid at every stage. We review for timely, accurate and complete submission of lien waivers. Lack of complete lien waivers can harm construction manager’s and/or owner’s reputation and can result in legal issues, extended closeouts and withholding of final payments.
Findings include missing, unsigned or inconsistent lien waivers for paid invoices.
