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Bonds and Payments of Illinois Mechanics Liens

 
Are you up-to-date with the Illinois bond and payment procedures and the new "bonding off" statute?This topic is designed for project owners, contractors, architects, engineers, vendors and others in the construction industry. You will learn the rules applying to releases and waivers of mechanics liens. You also will study ways to secure payment for public projects, including the bond requirements. You also will be introduced to the new Illinois "bonding off" statute, court procedure and alternative dispute resolution. Although this topic is not aimed to attorneys, it will serve as an introduction to the subject matter for those attorneys who do not regularly practice in the area.