Comprehensive Lien & Bond Webinar Series - Washington
03/11/2021 8:30 AM PT - 9:30:00 AM PT

Construction credit is unique and construction oriented credit managers need to be experts in maximizing the leverage provided by lien and bond statutes. Each session addresses the construction lien process on a State specific basis.


1. Introduction
-Justify the credit
-Ladder of Supply, define the players
-Who has the right to file a lien
-Suppliers to suppliers defined

2. Preliminary Notice
-Identify and verify the property owner
-Forms and formats, it’s State and reputed owner specific
-Who to notify
-Dollar amounts on preliminary notices
-Overcoming objections to serving preliminary notices

3. Managing the Process
-Collecting job information
-Verifying job information
-Serving the preliminary notice
-Tracking next action dates

4. Public Construction
-Obtain a copy of the payment bond
-Public, Private, Partnership (P3)
-Miller Act vs. Little Miller Act

Instructor Chris Ring
Chris Ring is the Nation Sales Representative for NACM’s Secured Transaction Services and he specializes in assisting credit professionals secure their receivables using Mechanic’s Lien Laws and Article 9 of the Uniform Commercial Code. Chris consults with companies on a daily basis leading them to find the best way to use these credit tools to assure that they are in the best possible position to get paid. Since 2002, Chris has completed seminars on both Mechanic’s Liens and UCC Filings for companies, NACM Affiliate Credit Conferences, NACM Industry Credit Groups, CFDD Meetings, and NACM’s Secured Transaction Services seminars.

Event Sponsor:  NACM Commercial Services

Course Level:  I - Intermediate

CEU: 0.100
CCE: 0.100


 Members: $0.00 Non-Members: $0.00

*Price is for admission only. Some events, especially college credit classes, have additional costs associated with materials, such as text books. See the event comments above for more details. Membership discount eligibility is at the discretion of the event sponsor.

Cancellations will be accepted for full refund no later than five working days prior to event — substitute attendees accepted up to day of event.