Remove Compensation Remove Debt Remove Insurance Remove Lien
article thumbnail

#67:  Paying Your Subcontractor's Employees

NH Construction Law

Similarly, New Hampshire law provides that if a subcontractor doesn’t pay amounts owed to its employees under workers’ compensation laws, the general contractor must cover those as well. An insurance certificate showing that the sub has workers comp coverage should always be a prerequisite to allowing the sub to proceed.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

The exceptions are for financial institutions, financial institution groups, and insurance companies that have a maximum business privilege tax of $3,000,000. This credit can also be claimed against the insurance premium tax, the oil and gas production and property taxes, the fisheries business and landing taxes, and the mining license tax.

Income 108
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral.

Income 75
article thumbnail

A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

00 45 26 Workers Compensation Certificate Schedule. 00 61 16 Lien Bond Form. 00 62 16 Certificate of Insurance Form. Affidavit of Payment of Debts and Claims Form. Affidavit of Release of Liens Form. 00 73 16 Insurance Requirements. 00 61 16 Lien Bond Form. 00 62 16 Certificate of Insurance Form.

article thumbnail

A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

00 45 26 Workers Compensation Certificate Schedule. 00 61 16 Lien Bond Form. 00 62 16 Certificate of Insurance Form. Affidavit of Payment of Debts and Claims Form. Affidavit of Release of Liens Form. 00 73 16 Insurance Requirements. 00 61 16 Lien Bond Form. 00 62 16 Certificate of Insurance Form.