Post-Financing Guardrails

Post-Financing Guardrails: Automated Lien Waivers & Subcontractor Compliance

Add tools to protect contractors from legal and financial risk after a project is funded. Specifically, automate Lien Waiver collection during payouts and track Subcontractor Insurance (COI) expiration dates.

Once a project is financed, contractors face huge liability if they pay an uninsured subcontractor, or if a sub fails to sign a lien waiver (which can lead to legal liens against the property). Right now, users have to track this outside of Handoff. Competitors like KonstructIQ use these financial guardrails to win over compliance-heavy builders.

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Upvoters
Status

Submitted

Board

πŸ’‘ Feature Requests

Date

24 days ago

Author

Emerson Ayala

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