This seminar will provide you with an overview and update of the Nevada's Amended Mechanics' Lien Statute and other payment remedies.
- Construction clauses that impact prompt payment
- Nevada's right to stop work statute
- Nevada's prompt pay on public works statute
- Nevada's public works bond claims statute
- Nevada's highways and biways claims statute
- The attendee will be able to discuss the amended mechanics' lien statute.
- The attendee will be able to identify the joint check rule.
- The attendee will be able to review extras and changes.
8:30 a.m. - 9:10 a.m.
I. Construction Clauses That Impact Prompt Payment
A. Standard Form Construction Contracts
B. Contract Clauses Implied By Law
C. Differing Site Conditions Clauses
D. No Damage For Delay Clauses
E. Contingency Payment Clauses
9:10 a.m. - 10:40 a.m.
II. Nevada's Amended Mechanic's Lien Statute
A. Right To Lien For Changes, Additions And Extras
B. Tenant Requirements And Notices Of Non-Responsibility
C. Prospective Bonds And Their Affect On Lien Claimants
D. Changes To The Waiver And Release Forms
10:40 a.m. - 10:50 a.m.
10:50 a.m. - 11:30 a.m.
III. Nevada's Amended Right To Stop Work Statute
A. Retention To Be Withheld Limited To 10 Percent
B. Limitation On Reasons For Withholding
C. Contractor And Subcontractor's Right To Stop Work If Change Request Not Timely Addressed
11:30 a.m. - 12:15 p.m.
IV. Nevada's Prompt Pay On Public Works Statute
A. Public Body/Contractor Relationship
B. Contractor/Subcontractor Relationship
C. Subcontractor/Lower-Tiered Subcontractor Relationship
12:15 p.m. - 1:15 p.m.
Lunch (On Your Own)
1:15 p.m. - 2:00 p.m.
V. Nevada's Public Works Bond Claims Statute
2:00 p.m. - 2:20 p.m.
VI. The Joint Check Rule
2:20 p.m. - 3:00 p.m.
VII. Extras And Changes
A. The Purpose Of The Changes Clause
B. Contractual Procedures To Implement Changes
C. Constructive Change Orders
D. Cardinal Changes
E. Requirements For Changes Clause Compliance
F. Exceptions To Changes Clause Requirements
G. Pricing A Changes Clause Claim
H. Reservation Of Rights
3:00 p.m. - 3:10 p.m.
3:10 p.m. - 3:50 p.m.
VIII. Nevada's Highways And Biways Claims Statute
3:50 p.m. - 4:30 p.m.
IX. Miller Act Claims