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Melissabrumback
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Sounds like North Carolina follows the national trend here-- lien perfected and motion to stay filed while arbitration proceeds. Melissa Brumback www.constructionlawNC.com
Like everything in construction and other business relationships, it needs to be a give and take. Overhead costs are real, esp so in today's economy where there may be no other work to fill in. On the other hand, some contractors can and do overinflate or overestimate those costs. The key to getting a fair number is for the contractor to keep excellent documentation. Both parties also need to consider that ongoing relationships are much more valuable than getting (or withholding) every last penny you can. Melissa Brumback http://www.constructionlawNC.com
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May 26, 2010