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How accurate is your project information?

Posted by Charlotte McPherson

3/13/18 10:35 AM

Whether you gather data from your customers or research it yourself, getting the details wrong can put your company at risk. Just how accurate is your information? We've dug into our JobSight research data to give you some insight into the answer.

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82% 

OF LIEN & NOTICE DOCUMENTS HAVE MISSING OR INCORRECT INFORMATION

Yikes, that's a lot of errors!  Collecting accurate information is an industry-wide issue and getting the details wrong could affect the validity of your document.  Let's breakdown some of the common gaps, starting with the most basic piece of information: the project address.

19%

OF Project Addresses are corrected by jobsight

You may think that getting the project address would be easy, but it's not always a simple task.  Material suppliers may have a ship to address but not have the actual address of the project.  Heavy equipment lessors often have GPS trackers on their equipment but do GPS coordinate constitute as an address?  New construction is also tricky.  For example, you may be working on a new subdivision that doesn't have street names (or streets) yet. 

92%

OF property owners ARE CORRECTED BY JOBSIGHT

Mechanics liens are security interest in the title of the property so after establishing exactly where the project is located, it's important to determine the person or entity that hold the title.  If you are lower on the hiring tier and don't contract directly with the property owner, the property owner isn't always apparent.  For all pieces of information, it's a best practice to gather information upfront from your customer.  Our member of our JobSight research team has also shared information on other ways to gather property owner information: How to Find the Property Owner on a Construction Project.

85%

OF Legal property descriptions ARE CORRECTED BY JOBSIGHT

Every state requires a mechanics lien to includes a “sufficient” description of the property.  Some states also require this on notice documents as well.  What constitutes as “sufficient” can vary state to state, so it's a general best practice to include the legal property description.  By definition, a legal property description is a written statement recognized by law as to the definite location of a track of land by reference to a survey, recorded map or adjoining property.

9%

OF PROPERTY types ARE CORRECTED BY JOBSIGHT

The project type is crucial information to have about your project, and it can have major implication on your deadlines and requirements.  The most common project types are commercial, residential, state/county, and federal.  Again, this is information that you may think would be easy to find but sometimes it gets tricky.  What about a school, hospital or mixed-use development?  It's not always black or white.

find out how your business' data stands up

If your account includes JobSight research, request a JobSight Insight report from your Account Manager.  This is a free report prepared by our JobSight expert researchers as they audit your account activity.  It provides insights on how often JobSight has corrected your missing or incorrect information as well as tips to get the most out of your JobSight suggestions.

If you don't currently have JobSight research included in your account, send us a project and we'll research it for you - free of charge - so you can see what information may be missing or incorrect.

RESEARCH MY PROJECT

 

Topics: Best Practices, jobsight