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4 Factors Underwriters Consider When Issuing a Construction Bond

Levelset

The surety is also likely to explore a contractor’s payment history on past projects — an inability to make on-time payments to subcontractors and suppliers can increase the risk of mechanics liens or bond claims. . GCs can also purchase subcontractor default insurance to reduce this risk.

Risk 52
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Communications rules: The negative or dangerous story

Construction Marketing Ideas

My reaction: In an email to our contract writer and the publication’s advertising representative, I told both of them to be cautious in dealing with the individual, and I set out the guidelines for the sort of material we could publish. Never write an email you would not want to be seen in public and/or used in legal action.

Legal 54
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Contracts: What to Look Out for

Help Everybody Everyday

Attempts to make you indemnify the entire project or insure the upstream party for its own acts. A combination of your knowledge of and business history with the “upstream” party and these guidelines will help to assure that you get the best combination of protection and profit. Deal Breakers.

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Job Order Contracting – Best Practices Implementation

Building Information Management

Job Order Contracting GUIDELINES & PROCEDURES. Taxes, insurance, fringe benefits, and vacation allowances are to be included in the Contractor’s coefficient. The Owner may hold a retainage for completion of any punch list(s) for the estimated cost to complete the punch list and /or release of liens. Over 5,000,000.

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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
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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. The amount of the refund is based on the employer’s unemployment insurance tax rating.

Income 75