Administering contracts over data network
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United States of America Patent
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Sep 6, 2011
Grant Date -
Jan 15, 2009
app pub date -
Jun 12, 2008
filing date -
Jun 13, 2007
priority date (Note) -
In Force
status (Latency Note)
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Abstract
A method for administering performance of a contract over a data network includes storing a lien waiver and receiving an application for payment over the data network from a contract participant based on performance under the contract. The stored lien waiver is retrieved and sent to the participant via the data network upon approval of the application for payment. The at least one data tag may be included in the lien waiver prior to storing the lien waiver.
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