2016 Legal Liability Regulation 
Construction Law
AUGUST 1, 2022
It could have been worse, as KPMG was given a ‘discount’ of some £6 Million for cooperating with the regulator’s inquiry. The false information was supplied to the regulator when it was carrying out an audit quality review (AQR) on KPMG’s 2016 audit of Carillion and an audit in 2014 of Regenersis, an IT outsourcer.
Construction and Infrastructure Law
FEBRUARY 6, 2018
AB 1701 “does not prohibit a direct contractor or subcontractor at any tier from establishing by contract or enforcing any otherwise lawful remedies against a subcontractor it hires for liability created…” Accordingly, direct contractors across California should take a closer look at the terms of their agreements with subcontractors.
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Best Practices Construction Law
MAY 27, 2016
Murphy , (May 18, 2016), the Federal Circuit recently held that, for purposes of the six-year limitations period of the Contract Disputes Act (CDA), a contractor’s claim did not accrue when a terminated subcontractor stopped its work. For liability to be fixed, some injury must have occurred. In Kellogg Brown & Root Servs.,
Job Order Contracting
MARCH 29, 2017
Because contractors can now plan their liability for premiums, and because they get unliquidated/unneeded premiums reimbursed by the bonding agent, payment incrementally through the use of the coefficient becomes both logical and reasonable. This page last modified 06/21/2016 16:00:09. Best Practice Job Order Contracting. (c)
Green Building Law Update
DECEMBER 3, 2017
The European Union has gone in another direction with the 2016 General Data Protection Regulation , applicable as of May 2018, updating and modernizing the principles enshrined in the 1995 Data Protection Directive which guarantee individual privacy rights in one’s personal data including “the right to be forgotten.”
Buisness Facilities Contributed Content
APRIL 15, 2014
To receive an abatement for property taxes, a project must meet certain qualifications and follow certain procedures, as determined by law and regulation. The credit is available to all types of business entities, including: S corporations, C corporations, limited liability companies (LLCs), partnerships, trust and sole proprietorships.
Buisness Facilities Contributed Content
MARCH 21, 2014
It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.
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