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Construction Registry Tips
The State Construction Registry, also known as SCR, is centralized database for construction project information. With this one-stop shop, it's easier to stay up to date on your construction projects. In addition to making it easy to locate and file notices and notices of payment, SCR has improved the way contractors, subcontractors, and property owners are paid. It's a valuable tool, and has saved construction companies millions of dollars in mailing costs.
The program is operated by the Division of Occupational and Professional Licensing, or DOL. The division has the power to assess penalties for noncompliance with the law. Also, the division will make an effort to get the contractors involved to cooperate. They can compel them to file the required notices, such as the notice of preconstruction service, in order to preserve their lien rights. Read the full article on accesing construction registries here.
The registry is part of a larger legislative package, known as the S.226 housing bill. This legislation was passed in 2014, and includes the creation of a statewide registry, which is now available online.
This system, which is run by the DOL, is a database of construction projects that allows for more timely and accurate payment of both contractors and subcontractors. The registry is designed to help contractors and subcontractors find and contact their potential customers. Moreover, it has streamlined filings by eliminating paper and reducing administrative costs. Additionally, the database provides a list of parties who have preserved their lien rights.
One of the most interesting features of the registry is that it offers a search function. Users can search for information related to particular construction projects, including notices of completion, purchases, and contracts. However, it is important to note that not all projects will be found in this database. If users want to obtain more detailed information, they may need to pay a fee.
While the state has yet to make it mandatory for all contractors and subcontractors to register, the statewide construction registry is a definite step in the right direction. It also helps protect homeowners and the construction industry by limiting the number of potentially unwanted liens.
Besides providing an easy way to track and file notices, the construction registry also gives you a clear picture of your contractual chain. For example, if your construction company hires a window supplier to install windows in your home for $10,000, you will want to know if you have a legal property description and whether the window supplier has a lien against you.
Another interesting feature of the registry is the ability to search for preliminary notices. These are notices that indicate a contractor or subcontractor is prepared to be paid before a construction job is completed. Although a preliminary notice does not qualify as a lien, it does show a contractor's ability to be paid. Consequently, the registry as a way to enhance the visibility of the contractual chain. See this homepage for additional info on features you will use when accesing a registry.
The construction industry is a crowded one, with hundreds of thousands of subcontractors and suppliers. While it's not uncommon for subcontractors and suppliers to be unable to access certain information on a project, the registry still functions as an effective means of communication. To understand more about this subject, please read a related post here: https://en.wikipedia.org/wiki/Construction.