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Choose With Care: Tennessee Federal Court’s Prompt Payment Conclusions Turn on Choice of Law Clause

Constructlaw

FE&C’s amended complaint included a claim for violation of the federal Prompt Payment Act (PPA). FE&C’s amended complaint also included claims for violation of the Tennessee PPA. For claims sounding in contract, Tennessee applies the law of the state where the parties executed the contract.

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Assignment of Benefits for Contractors: Pros & Cons of Accepting an AOB

Levelset

When a property owner files an insurance claim to cover a restoration or roofing project, the owner typically deals directly with the insurance company. An assignment of benefits , or AOB, is an agreement to transfer insurance claim rights to a third party. AOBs take the homeowner out of the claims equation.

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A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

Levelset

On projects like this, property owners typically count on an insurance claim to pay for the work – they may not have cash on hand to pay you out of pocket. This snapshot won’t provide you with the information needed to have a deeper understanding of how everything works if a customer suffers property damage and considers filing a claim.

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A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

Levelset

On projects like this, property owners typically count on an insurance claim to pay for the work – they may not have cash on hand to pay you out of pocket. This snapshot won’t provide you with the information needed to have a deeper understanding of how everything works if a customer suffers property damage and considers filing a claim.

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Demystifying carbon offsets vs direct reductions

BD+C

They may be beneficial to companies seeking early claims of carbon neutrality, but choosing offsets only delays the more immediate and long-term actions a company must take to achieve carbon neutrality. C above pre-industrial levels, as called for in the Paris Agreement, emissions need to be reduced by 45% by 2030 and reach net zero by 2050.

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7 Things Contractors Need to Know About Retainage

Fieldwire

For many construction businesses, the retainage payment accounts for their entire profit margin on the project. It is governed by the contract, which means it’s part of the agreement between two parties. If they let the filing deadline lapse without filing a lien claim, lien rights may be lost forever.

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Federal Court dismisses sub's claim against GC because of arbitration

Construction Lawyer

You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. Only a knowledgeable attorney can apply the information here to your particular matter, taking into account the laws of your jurisdiction. Liquidation Agreement did not supercede agreement to arbitrate.

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