Remove subcontractor-agreement
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7 Things Contractors Need to Know About Retainage

Fieldwire

And some unscrupulous owners and contractors have been known to weaponize retainage, by either requiring a subcontractor to do more work out of scope, or to simply hold onto retained cash as their own. It is governed by the contract, which means it’s part of the agreement between two parties.

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What Contractors Need to Know About Surety Bonds

Construction Marketing

If the principal’s bond application is approved, the surety company will require the principal to sign an indemnity agreement before it will issue the bond. The indemnity agreement provides that the principal will hold the surety harmless if a claim is filed against the bond. Sign the indemnity agreement.

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#125:  Pay-if-Paid Clauses and Contractor Default

NH Construction Law

A couple of years ago I blogged ( #101 ) on “pay-if-paid” clauses, which make a general contractor’s receipt of payment from the owner a prerequisite – a “condition precedent,” in legal terms – to its obligation to pay subcontractors. JBC Merger Sub LLC v. Tricon Enterprises, Inc. , 145, 286 A.3d

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Haven’t Been Paid? Preserve Your Rights Under the Miller Act

Federal Construction Contracting Blog

One of the most common issues subcontractors face is non-payment. Sometimes subcontractors have a positive relationship with the prime contractor and resolve the issue amicably. However, when the parties cannot reach an agreement, the subcontractor faces financial turmoil.

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Regulatory – Job Order Contacting Statutes and Guidelines

Job Order Contracting

“Job Order Contracting” means the acquisition of contracting services using a selection method that requires contractors to submit qualifications and prices based on wage rates inclusive of fringes and burden, plus a pricing matrix for mark-ups on materials and subcontractors (Arkansas Code Annotated §19-4-1416). California. 2003-2004).

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Advise & Consult: Serious, expert legal insights for the construction industry

Construction Marketing Ideas

The Advise & Consult blog pulls together content from 23 experts in 15 states on a diversity of construction law issues. The Advise & Consult blog certainly isn’t light reading — but you wouldn’t want it to be dumbed down simple.

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#122:  Construction Loan Disbursement Pitfalls

NH Construction Law

The economic loss rule, which generally precludes recovery in a negligence lawsuit absent personal injury or property damage and absent a special relationship between the parties (see Blog #29 ), will be an obstacle here. REI Service Corporation , No. Nor does a negligence claim against the inspector appear promising.

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