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The Utah Preconstruction Lien Process Explained

Levelset

Many Utah contractors are familiar with the construction lien process to secure payment for work or materials used in a building project. Utah actually gives them a similar payment tool, known as a preconstruction lien. However, the steps to claim one differ from the standard construction lien process. Preconstruction liens v.

Lien 52
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Construction Estimating

Chianelli Estimating

They do not have the burden of carrying costs like workmen’s compensation, general liability insurance, unemployment related costs, vacations or sick days, etc. Cost estimates will help outline the project’s scope and feasibility. Both contractors and owners use them when deciding whether to bid or build a project.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Energy Innovations Small Grant (EISG) Program: Provides up to $95,000 for hardware projects and $50,000 for modeling projects to small businesses, non-profits, individuals and academic institutions to conduct research that establishes the feasibility of new, innovative energy concepts. 50,000 (max.) for projects creating at least 100 jobs.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. The SBA takes a second lien on assets and finances up to 40 percent of the project cost, up to $1 million in some cases. Borrowers inject 10 percent in the form of cash or equity in real estate.

Income 75
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Job Order Contracting – Best Practices Implementation

Building Information Management

Competitive quotations shall be secured wherever feasible, and in all instances, when requested by the Owner. The Owner will be required to deliver such materials to the job site or compensate the Contractor for providing labor to deliver Owner-furnished materials to the job. Modification to Job Orders. Subcontract bid.