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7 Things Contractors Need to Know About Retainage

Fieldwire

Construction is one of the hardest industries to manage cash flow in, with contractors often facing large up-front costs and frequent, long delays between expenses and payment. For many construction businesses, the retainage payment accounts for their entire profit margin on the project.

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

Levelset

An assignment of benefits , or AOB, is an agreement to transfer insurance claim rights to a third party. A property owner and contractor can set up an assignment of benefits in two steps: The owner and the contractor sign an AOB agreement The contractor sends the AOB to the insurance company. The AOB agreements need to be in writing.

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constructionattorneyblog: illinois supplier denied mechanics lien

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. illinois supplier denied mechanics lien. National City Mortgage v.

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constructionattorneyblog: Subcontractor's Mechanics lien allowed.

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. LEED project managment software » May 21, 2009. Francis , No.

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Idle Equipment not entitled to Lien in Missouri

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. Idle Equipment not entitled to Lien in Missouri. Concord , 269 S.W.3d

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Maryland Enacts New Environmental Laws in 2020

Green Building Law Update

A water infrastructure “asset owner” must reimburse MDE for costs incurred, and a lien must be established for nonpayment under specified circumstances. HB 1029 / SB 224 alters the allocation of funds for the Clean Energy Account within the Maryland Employment Advancement Right Now program. 2019 HB 720 / override of gubernatorial veto.

Maryland 156
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Maryland Enacts New Environmental Laws in 2020

Green Building Law Update

A water infrastructure “asset owner” must reimburse MDE for costs incurred, and a lien must be established for nonpayment under specified circumstances. HB 1029 / SB 224 alters the allocation of funds for the Clean Energy Account within the Maryland Employment Advancement Right Now program. 2019 HB 720 / override of gubernatorial veto.

Maryland 156