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They pay the supply house immediately and directly to take advantage of the savings that often results from immediate payment. Then they allow the sub to pay off the amount over 120 days.
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<div id="divRplyFwdMsg" dir="ltr"><font face="Calibri, sans-serif" style="font-size:11pt" color="#000000"><b>From:</b> clc-discussion-bounces@lists.flabarrpptl.org <clc-discussion-bounces@lists.flabarrpptl.org> on behalf of RPPTL CLC-Discussion <clc-discussion@lists.flabarrpptl.org><br>
<b>Sent:</b> Thursday, January 20, 2022 4:55:19 PM<br>
<b>To:</b> clc-discussion@lists.flabarrpptl.org <clc-discussion@lists.flabarrpptl.org><br>
<b>Subject:</b> Re: [CLC-Discussion] Supplier Finance Company Lien Rights</font>
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<p class="x_MsoNormal"><span style="color:#1F497D">When the materials are delivered, how do they get there? In other words, is this financing entity actually in possession of the materials and arrange for delivery, or do they stay at the supply house and get
delivered directly from there? </span></p>
<p class="x_MsoNormal"><span style="color:#1F497D"> </span></p>
<p style="font-size:9pt; font-family:Arial"><strong><span style="font-size:10pt">Bruce Partington | Shareholder</span><br>
</strong><a href="mailto:bpartington@clarkpartington.com"><font color="#02b2ee">bpartington@clarkpartington.com</font></a><font color="#02b2ee"> |
</font><a href="callto:(850) 432-1399"><font color="#02b2ee">(850) 432-1399</font></a></p>
<p style="font-size:9pt; font-family:Arial"><span style="font-size:10pt"></span><strong><font size="2">CLARK PARTINGTON</font></strong><br style="font-size:9pt; font-family:Arial">
Office: (850) 434-9200 | Fax: (850) 432-7340 <br style="font-size:9pt; font-family:Arial">
125 East Intendencia Street, 4th Floor <br style="font-size:9pt; font-family:Arial">
Pensacola, Florida 32502 <br style="font-size:9pt; font-family:Arial">
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<p class="x_MsoNormal"><b>From:</b> clc-discussion-bounces@lists.flabarrpptl.org <clc-discussion-bounces@lists.flabarrpptl.org>
<b>On Behalf Of </b>RPPTL CLC-Discussion<br>
<b>Sent:</b> Thursday, January 20, 2022 3:33 PM<br>
<b>To:</b> clc-discussion@lists.flabarrpptl.org<br>
<b>Subject:</b> Re: [CLC-Discussion] Supplier Finance Company Lien Rights</p>
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<p class="x_MsoNormal">Based on the below definition of a “materialman” at Fla. Stat. s. 713.01(20), it appears that the company in question would qualify as the supplier to a subcontractor. Unfortunately, the Owner may also be liable for the perhaps high
interest rate being charged by the supplier if it is reflected in the contract terms with the sub. </p>
<p class="x_MsoNormal"> </p>
<p class="x_MsoNormal" style="margin-left:.5in; text-indent:.5in">“Materialman” means any person who furnishes materials under contract to the owner, contractor, subcontractor,</p>
<p class="x_MsoNormal" style="margin-left:.5in; text-indent:.5in">or sub-subcontractor on the site of the improvement or for direct delivery to the site of the improvement or, for
</p>
<p class="x_MsoNormal" style="margin-left:.5in; text-indent:.5in"> specially fabricated materials, off the site of the improvement for the particular improvement, and who performs</p>
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<p class="x_MsoNormal"><b><span style="color:#63AD6D">Michael Gibbons</span></b><br>
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215 N. Eola Dr. | Orlando, FL 32801</span><br>
<b><span style="font-size:10.0pt">D: </span></b><span style="font-size:10.0pt">407.418.6378</span> <span style="font-size:10.0pt">|
<b>P:</b></span><b> </b><span style="font-size:10.0pt">407.843.4600 </span> <span style="font-size:10.0pt">|</span>
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<p class="x_MsoNormal"><b><span style="font-size:10.0pt; color:black">LOCAL ROOTS. BROAD REACH.
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<p class="x_MsoNormal"><b>From:</b> <a href="mailto:clc-discussion-bounces@lists.flabarrpptl.org">
clc-discussion-bounces@lists.flabarrpptl.org</a> <<a href="mailto:clc-discussion-bounces@lists.flabarrpptl.org">clc-discussion-bounces@lists.flabarrpptl.org</a>>
<b>On Behalf Of </b>RPPTL CLC-Discussion<br>
<b>Sent:</b> Thursday, January 20, 2022 4:15 PM<br>
<b>To:</b> <a href="mailto:clc-discussion@lists.flabarrpptl.org">clc-discussion@lists.flabarrpptl.org</a><br>
<b>Subject:</b> [CLC-Discussion] Supplier Finance Company Lien Rights</p>
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<p class="x_MsoNormal"><span style="font-family:"Georgia",serif">We have a general contractor client whose sub on a project has been something of a nightmare. One of the ways they have been a nightmare, we believe, is that they have engaged a company to buy
materials for them. </span></p>
<p class="x_MsoNormal"><span style="font-family:"Georgia",serif"> </span></p>
<p class="x_MsoNormal"><span style="font-family:"Georgia",serif">That company is not the supplier itself, and all indications are that that company is not either a labor provider or subcontractor. Instead, they purchase the materials and allow the sub to pay
them back over 120 days rather than having to pay immediately for the materials purchased. Of course, there’s probably some interest in that transaction.</span></p>
<p class="x_MsoNormal"><span style="font-family:"Georgia",serif"> </span></p>
<p class="x_MsoNormal"><span style="font-family:"Georgia",serif">My question: does this finance company have lien rights, assuming they otherwise comply with the notice provisions required by law?</span></p>
<p class="x_MsoNormal"><span style="font-family:"Georgia",serif"> </span></p>
<p class="x_MsoNormal"><span style="font-family:"Georgia",serif">Thanks. </span></p>
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<p class="x_MsoNormal"><span style="font-size:12.0pt; font-family:"Arial",sans-serif; color:#7293A3">Anthony D.</span><span style="font-size:1.0pt; font-family:remialcxesans; color:white"></span></p>
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<p class="x_MsoNormal"><span style="font-size:12.0pt; font-family:"Arial",sans-serif; color:#7293A3"> Lehman</span></p>
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<p class="x_MsoNormal"><span style="font-size:10.0pt; font-family:"Arial",sans-serif; color:#10294B">Partner</span></p>
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<p class="x_MsoNormal"><a href="https://linkprotect.cudasvc.com/url?a=https%3a%2f%2flink.edgepilot.com%2fs%2fed25dc8d%2flXkc5NxaC0i0nGtqsubx5g%3fu%3dhttps%3a%2f%2fprotect-us.mimecast.com%2fs%2fdhluC5y17rC0WzxouOE6sJ%2f&c=E,1,kyDNUbjYB94icp5Ek1bAGyF75PhMytEZu2jCfNZwmoQOO_Iw1h_7Z3zMH9teWiZZBvSNme0hJpcISq1Py0Mk8dWQJUcv-UHyEehxitFybBf8eEv-KRd4wNi-&typo=1" target="_blank"><span style="font-size:1.0pt; color:blue; text-decoration:none"><img border="0" width="292" height="77" id="x__x0000_i1026" src="https://dl.dropbox.com/s/hn1p7c1j6hg95nr/hlpw-logo-e-mail-sig.png" style="width:3.0416in; height:.7986in"></span></a></p>
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<p class="x_MsoNormal" style="line-height:14.0pt"><span style="font-size:10.0pt; font-family:"Arial",sans-serif; color:#10294B">Licensed in Georgia, Florida, and Alabama<br>
Florida Bar Board Certified in Construction Law</span></p>
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<p class="x_MsoNormal" style="line-height:14.0pt"><b><span style="font-size:10.5pt; font-family:"Arial",sans-serif; color:#7293A3"><a href="https://linkprotect.cudasvc.com/url?a=https%3a%2f%2flink.edgepilot.com%2fs%2fed25dc8d%2flXkc5NxaC0i0nGtqsubx5g%3fu%3dhttps%3a%2f%2fprotect-us.mimecast.com%2fs%2fdhluC5y17rC0WzxouOE6sJ%2f&c=E,1,e_OpWaeLG940YHHgZ6HYs5u5PJGrt0yk4Q-NLI3_ZOo4jsqJCbmFrBwAUVRyPFxbOfFaOr3bUSfngCP_P1sFacXP0Ys9jqsl4efuG6REapgwmn-1KGo,&typo=1" target="_blank" title="Visit our website"><span style="color:#7293A3; text-decoration:none"><br>
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Hudson Lambert Parrott Walker, LLC</span></a></span></b></p>
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<p class="x_MsoNormal" style="line-height:14.0pt"><span style="font-size:10.0pt; font-family:"Arial",sans-serif; color:#10294B"><a href="https://linkprotect.cudasvc.com/url?a=https%3a%2f%2flink.edgepilot.com%2fs%2f31f04901%2f8U5fQOIk6E2xuR-NFjyODQ%3fu%3dhttps%3a%2f%2fwww.hlpwlaw.com%2flocations%2523atlanta&c=E,1,-eV-n5QYgo8lH9S9ijQGH2lsRIGUgCeyXiZVpAzQ40KxXG6gFn37LNlhMD8mGWAylr_JSpmCvh2cqYtM14iwyi59Fnjhp2rfwOD3UlnMS4JuBQ,,&typo=1" target="_blank"><span style="color:#10294B; text-decoration:none">3575 Piedmont Road<br>
Suite 850<br>
Atlanta, GA 30305</span></a></span></p>
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<p class="x_MsoNormal" style="line-height:14.0pt"><b><span style="font-size:10.0pt; font-family:"Arial",sans-serif; color:#000001">t: </span></b><u><span style="font-size:10.0pt; font-family:"Arial",sans-serif; color:blue"><a href="tel:678-701-2860" target="_blank"><span style="color:blue">678-701-2860</span></a></span></u></p>
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