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7 Things Contractors Need to Know About Retainage

Fieldwire

Retainage is up for negotiation Retainage is not set in stone. It is governed by the contract, which means it’s part of the agreement between two parties. Every contract is negotiable, including what percentage is retained and for how long. Mechanics lien laws have specific deadlines that contractors must follow.

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Starting Profitable Construction Company Unique Secrets Revealed

Contractor Bookkeeping

Three Steps To A Paradigm Shift: #1 Unfreeze - Being open to a new idea that is in agreement with your core values. #2 Negotiate a fair deal that allows the bank to get something and you get something, a win-win and you will find more great deals coming your way in the future. Setup your partnership agreements.

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Job Order Contracting – Best Practices Implementation

Building Information Management

JOC, an annual contract and multiple option year agreement for general construction, generally requires the Contractor to e furnish associated labor, tools, materials, equipment and transportation. Contractors are generally selected as part of a multi-year agreement, and/or for one year with tw0(2) to four(4) option years.

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State by State Incentives Guide

Buisness Facilities Contributed Content

A business that applies for the exemption must enter into an agreement with the Governor of Alabama. The business must sign a job-creation agreement under the Advantage Arkansas program within 24 months of signing the Tax Back agreement. Must expand its labor force, make new capital investment, or prevent loss of employment.

Income 108
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North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Within that definition, the qualifying organizations must also meet a capital spending requirement. In addition to, or instead of, an exemption, local governments and any project operator may negotiate payments in lieu of property tax for a period of up to 20 years from the date project operations begin.

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North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Within that definition, the qualifying organizations must also meet a capital spending requirement. In addition to, or instead of, an exemption, local governments and any project operator may negotiate payments in lieu of property tax for a period of up to 20 years from the date project operations begin.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

JOB TRAINING PROGRAM: Originally set to expire in 2011, the Arizona Competitiveness Package extended the program an additional five years until December 31, 2016 and modified the definition of a “rural area.”. $25 New, full-time, permanent employees must be hired within 24 months of the date the financial agreement is signed.

Income 75