New Mexico Services
Preliminary Lien Notices
Any time you start a new construction project, subcontractors and material suppliers in New Mexico are mandated to send a Preliminary Notice, or Pre-Lien Notice. A Preliminary Lien Notice informs the property owner that someone is working on their project, and in the event that they’re not paid, they have the legal right to record a mechanic’s lien against the property. We process thousands of preliminary notices every month and have perfected a system to give our customers efficient and accurate completed requests.
Bond Claim
Filing a bond claim is common across many states, including New Mexico. It’s an assurance used on state public works, and large commercial or residential jobs. In the event that the general contractor fails to fulfill its obligations, the bond will be used to pay the suppliers, subcontractors, and ultimately finish the project.
Miller Act
Enacted in 1935, the Miller Act requires general contractors of Federal construction projects to post Performance Bonds and Payment Bonds (“PNP Bonds”) to guarantee the performance of their contractual duties and the payment to subcontractors and material suppliers. Miller Act bond claims are universal across all states, although the nuances is state-specific Little Miller Acts may vary.