Accounting Agreement Lien Risk 
Fieldwire
AUGUST 14, 2023
The practice dates back to the 1840s, dreamed up as a measure to reduce the owner’s risk and ensure that the project is fully completed according to the job specifications. For many construction businesses, the retainage payment accounts for their entire profit margin on the project.
Levelset
APRIL 15, 2022
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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Construction Lawyer
MARCH 13, 2012
You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. In other words, you use the stuff we post here at your own risk. Only a knowledgeable attorney can apply the information here to your particular matter, taking into account the laws of your jurisdiction.
Levelset
APRIL 8, 2022
Knowing what to expect from insurers gives you some leverage as a contractor, and can help you protect your business against financial risk on restoration projects. Insuring agreement. Some policies have broader coverage than others, and you can plainly see each named peril in the Insuring Agreement.
Levelset
APRIL 8, 2022
Knowing what to expect from insurers gives you some leverage as a contractor, and can help you protect your business against financial risk on restoration projects. . Insuring agreement. Some policies have broader coverage than others, and you can plainly see each named peril in the Insuring Agreement.
Construction Lawyer
APRIL 20, 2009
You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. In other words, you use the stuff we post here at your own risk. Only a knowledgeable attorney can apply the information here to your particular matter, taking into account the laws of your jurisdiction.
Construction Lawyer
MAY 21, 2009
You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. In other words, you use the stuff we post here at your own risk. Only a knowledgeable attorney can apply the information here to your particular matter, taking into account the laws of your jurisdiction.
Expert insights. Personalized for you.
98 
Let's personalize your content