About

Learn About Contractors Adjustment CompanY

About Us

For over 60 years, Contractors Adjustment Co. has served as the construction industry's first line of defense against unstable, unscrupulous, or financially unsound business partners and/or projects. With our proprietary, robust database of information about the creditworthiness of developers, contractors, and subcontractors, CAC has become a leader in securitization for any company involved in the construction industry.

Our initial investigation into public records often prevents contractors, subcontractors, and material suppliers from engaging in partnerships in which they might not get paid. We proactively alert our clients to current construction lien filings, lawsuits, and bankruptcy filings that could leave them at the end of a long line of unsecured and unhappy creditors.

When a project does go bad and you need to secure your receivables, CAC has the ability to swiftly produce the required notice(s) and/or claim(s) within a matter of days, if not hours.

Our Mission

To provide contractors, subcontractors, and material suppliers with the most reliable, affordable, professional, and expeditious mechanics lien, claim on funds, claim on payment bond, and unparalleled credit reporting in the construction industry.

Testimonials

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“Amron Stair Works has been relying on Contractors Adjustment Company for over 20 years. We have trusted them to handle every lien we have had to issue in that entire time, as they are always up to date with all new regulations in every county. We also appreciate that Contractors Adjustment Company also sends out a very valuable report each month on companies that may be headed towards financial trouble. By far, our most used service of Contractors Adjustment Company is their credit inquiries! It is the tool Amron uses to determine terms on every new customer we enter into our system. The management and staff of this company is wonderful. We never received anything but conscientious, quick and friendly service.”
Julie B.
Amron Stair Works, Inc.

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“As a long standing client of CAC. We have had the peace of mind knowing that when New Berlin Grading calls on CAC we are getting thorough and relevant information on new or unknown potential customers. Additionally, when NBG utilizes CAC as a resource in securing or protecting our interests, we know that they have control of the process they have filed everything in a professional and complete manner. We value CAC as trusted partner in our business and have done so for generations. “
Ken K.
New Berlin Grading, Inc.

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“I have been using Contractors Adjustment for over 20 years. They handle all my credit checks, and liens. Their expertise is like I have never seen before. They send out reminders regarding lien dates. You can call them any time with questions, if they don’t have the answer they will get you the correct answer. During Corona they have filed liens for me. I have had offers from other companies like them, but nothing can compare to the personal touch I get from Contractors Adjustment Company.”
Tom C.
Amperage Electrical Supply, Inc.

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"I've engaged CAC's services every quarter of every year since 1983. That fact speaks for itself." — Pete E.

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About Steven Boren

Steven C. Boren

Brief Biography

CONTRACTORS ADJUSTMENT COMPANY (sboren@cacliens.com)

750 Lake Cook Road - Suite 158

Buffalo Grove, IL (847-374-9402)

President/Owner since 2004

Associated with firm over 35 years

LAW OFFICES OF STEVEN C. BOREN (scboren@earthlink.net)

750 Lake Cook Road - Suite 158

Buffalo Grove, IL (847-374-1462)

Sole Practitioner

Licensed since 2002

Member in American Bar Association, Illinois State Bar Association and Chicago Bar Association, Committee Member of the CBA Mechanic Lien Division, of Counsel with two Law Firms handling Construction Litigation

Undergraduate Degree in Economics and Finance - University of Illinois at Chicago

Honors - Beta Gamma Sigma, Phi Kappa Phi and Omicron Delta Epsilon awards

Law Degree - Kent Law School, Chicago - Graduate 2002

Honors - Cali Award, Construction Litigation

PRIOR ASSOCIATION POSITIONS:

ASA-Chicago

President, Treasurer and Secretary
Board of Directors 2 terms
Chairman - Government Relations Committee
Chairman - Membership Committee
Chairman - Golf Committee
Presenter at BPI for Credit Information
Liaison/Voting Member for ASA-C membership with IMSCA (Illinois Mechanical & Specialty Contractors Association)
Chairman of ASA-C PAC Committee
Presenter at ASAC Educational Programs

IMSCA (Illinois Mechanical & Specialty Contractors Association)

President, Secretary and Treasurer
Participant in Legislative Drafting and Lobbying
Voting member for ASAC
Legislative and Membership Committee

United States of America - Small Business Conference

Illinois Representative for Construction Industry at Washington DC Conference

Elected by Construction Industry

Steven C. Boren

Contractors Adjustment Company

Law Office of Steven C. Boren, LLC

Steven Boren began his career within the construction industry in 1981 when he decided to attend the University of Illinois at Chicago to earn his BA in Finance and Economics. Steven put himself through undergraduate school while working, part time, for a small General Contracting firm located in Glenview, Illinois. He met and worked with the varied construction trades and discovered the integrity, work ethic and drive of subcontractors and material supplier owners and employees.

Upon graduation, Mr. Boren took a position of administrative assistant and title searcher for Contractors Adjustment Company (CAC), an original member of ASA Chicago, which led to his introduction to the various programs and committees offered by ASAC.

During the next 28 years, Mr. Boren gave his time and energy to ASA Chicago by being a committee member and/or Chairperson of the Membership Committee, Golf Committee, Education Committee and, of course, the Government Relations Committee. He also became a President of ASA Chicago and held the position for one term, after working his way up through the Executive Committee by serving as the Secretary, Treasurer and Vice President. Mr. Boren is currently an active member of the Government Relations Committee and assists with the BPI.

To increase his ability to support and represent both the ASA Chicago Members and those of Contractors Adjustment Company, he returned to school, at age 48 and while running the CAC office, and attained his Law Degree from Chicago-Kent Law School. By the time he graduated, he had purchased Contractors Adjustment Company and has been its President and Attorney ever since.

In 1995, Steve was elected to represent the Illinois Construction Industry during the National Conference on Small Business held every 10 years or so to present the most pressing issues surrounding the businesses within the construction industry, from taxes to insurance to succession planning.

Steve also has served as the President of IMSCA, the Illinois Mechanical Specialty and Contractors Association, which represent and lobbies on behalf of 21 Construction Associations of Illinois, of which ASAC is a member. He had been on the IMSCA Government Relations committee, membership committee and voting member for over 12 years.