Rio Rancho, NM, Jan. 6, 2010 – Michael S. Rich Contractors Inc., an Albuquerque-based commercial building contractor, has completed construction of its Southern Sandoval County Arroyo Flood Control Authority (SSCAFFCA) office building expansion project.

The expansion includes a one-story 4,415 square-foot addition to the existing government office in Rio Rancho. It features a 13,000-gallon cistern system to collect the buildings’ rainwater for irrigation and a 16kw photovoltaic shade structure array that will provide power for the expansion.

Most clients believe that once a building project contract is signed, their responsibilities are limited to monthly progress payments. Some have been shocked to learn the hard way that building owners can be held responsible for contractor and subcontractor mistakes that occur on-site.

Expenses can be incurred if:

• The contractor does not pay subcontractors and the subcontractor files a lien against your property

• The subcontractor does not pay suppliers and those suppliers file a lien against your property

In these difficult times, contractors are failing at record numbers.
   
For clients of contractor services, it is typical to hire a large contractor, with the rationalization that the contractor is too large to fail. This approach can lead to major delays in project schedules.

The best way to protect yourself is to look back at the track record of contractors you are interested in hiring. A good contractor should be able to refer several happy customers.

When researching contractors, also make sure that construction workers are:

Building owners need to know if their contractors are having difficulties with working capital. Lack of adequate working capital can trip up a successful contractor, and sink a floundering one.

The symptoms of a contractor with working capital difficulties are:

A licensed commercial building contractor in the states of New Mexico and Arizona, MSR, Inc. was founded by Michael Rich and incorporated under the laws of the State of New Mexico on October 1, 1988.

As a general contractor, MSR, Inc. specializes in medium scale commercial building projects, in all phases of construction; performing new construction, building renovations, special unique construction, tilt-up construction, and design-build. Moreover, to better serve our client's needs, MSR, Inc. has opened a service department for small repairs and alterations.