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Contract Void Ab Initio: Key Insights into the KBR vs. Corps of Engineers Affirmative Defense

Best Practices Construction Law

The proposed amendment introduces an affirmative defense, contending that Kellogg Brown & Root Services, Inc. Background: The contract in question, executed on July 9, 2013, was for the construction of an Aegis Ashore Missile Defense System site in Deveselu, Romania, with a firm, fixed-price amount of $134,211,592.

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#96:  Payment Bond Sureties and "Pay-if-Paid" Subcontracts

NH Construction Law

It is often said that a payment bond surety may assert all of the contractual defenses to payment enjoyed by its principal. If the principal is a general contractor with a “pay-if-paid” clause in its subcontracts, must a subcontractor wait for the general contractor to be paid before it can collect on a payment bond?

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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

The Pennsylvania Rapid Bridge Replacement project aims to replace 558 aging bridges across the Keystone State by the end of 2017. Eleven different Pennsylvania-based construction companies already have been subcontracted to do much of the work, and many more opportunities will be made available as the project goes forward.

Indiana 40
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The increase is to occur in equal increments over a four year period, between 2014 and 2017. percent, between 2014 and 2017. Commercial Property: Reduced by 10 percent, the commercial property assessment ratio will be 18 percent by 2017. This provides businesses with the opportunity to reduce their Arizona tax burden.

Income 75
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State by State Incentives Guide

Buisness Facilities Contributed Content

100% electable sales factor for multi-state corporations (increasing from 80% to 100% between 2014 and 2017). Research and Development Tax Credit: Income tax credit for investing in R&D in Arizona.The 2011 through 2017 R&D tax credit will be equal to 24% of the first $2.5 Sales factor further reduces corporate tax burdens.

Income 108