Especially in Construction Industry, it is quite common that the prime contractor was unable to pay the sub-contractors and other suppliers for their services. In Such scenarios, the subcontractors may face difficulties due to the freezing of funds. Every sub-contractor must know their rights and the legal procedure they should follow to get their claim. In these times you can take the help of qualified lien provider like National Lien and Bond for filling lien on the property on which the work was done.
If sub-contractors are not paid on time, they may face financial difficulties and lose business due to lack of funds. Their workers, material suppliers and subcontractors may file a lawsuit against them. So these subcontractors may contact the National Lien and Bond that may protect them from lawsuits and help them get their payments from the prime contractor.
But the traditional lien bonds will not work on the federal property. So, the Miller Act Claim helps the subcontractors and material suppliers get their payments. If you are unpaid for your services for a federal project, you can file a claim against the federal projects under the US Miller Act. Miller Act Claim ensures that the company gets their payments on time. If the prime contractor cannot pay for your work, then the bond companies will be entitled to pay you for your services.
A Miller Act bond is posted by the prime contractor before the commencing of the project. Everyone who has contributed to the federal project except the prime contractor is eligible to file a Miller Act Claim. Every subcontractors and contributor to the federal projects should get their own copy of Miller Act Bond when you start your work. It will help you get your payments in case you need to file a claim. Visit the attorneys of National lien And Bond for getting help in filling your Miller Act Claim.
Only the subcontractors and suppliers that worked directly with the prime contractor can file the Miller Act Claim. Primary subcontractors don’t need to send notice before filing a claim. They have a one-year time limit from the date they delivered the materials or supplies to the project to file the claim. Secondary contractors need to file their Miller Act Claim before 90 days from the date they delivered their services. After that time period, their requests won’t be entertained.
National Lien and Bonds have been providing efficient and reliable construction law enforcement and help protect the rights of contractors. They have a network of 150 law firms worldwide including USA, Canada, and Latin America. This law firm helps file a claim and get your payment faster. With their extensive coverage in lien and bond claim filing, most construction organizations choose them to get their work done.
