- Full compliance with Nevada Revised Statutes Chapter 627.
- Escrow account is with Bank of Nevada. Non-interest-bearing trust account. Interest-bearing account with all interest accruing for the benefit of the customer may be established if average account balance exceeds $10 Million for the duration of the project. Interest rates are determined by Bank of Nevada.
- Fully bonded at maximum level ($250,000) required by State of Nevada.
- $1 Million Errors & Omissions policy.
- Account personally monitored by Martindale-Hubbell AV-rated attorney with extensive experience in construction matters.
- Unlimited 24/7 use of the Three Lock Box online construction control system.
- Unlimited ACH disbursements. May apply and disburse monthly, weekly, daily. Single pays also available.
- Automated conditional and unconditional lien release generation with electronic service and electronic signatures.
- Automated pre-lien notice generation with electronic service and electronic signatures.
- Lower-tiers may be selectively rolled up in a payment application.
- All contracts, subcontracts, change orders, drawings, and specifications may be posted to the system at no additional charge.
- As-built drawings, warranties, and O&M Manuals may be posted to the system at no additional charge.
- Unlimited subcontractor and supplier invitation and enrollment.
- Real time, top-down project transparency. Unlimited read-only invites.
- Unlimited customer training and technical support (telephone and/or via Join.me)
Services Included In Inspection Fees
- Every inspection is performed by an experienced construction professional.
- Every inspection includes an in-person site walk by the construction professional.
- Every inspection is followed by an inspection report and recommendation (with photos) from the construction professional.
Services Included In Document Recording Fees
- Preparation and recordation of Notice of Non-Responsibility.
- Preparation and recordation of Notice of Posted Security.
- Dispute resolution.
- Stop work notifications.
- Legal advice.