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What Is a Certificate of Insurance (COI) for Contractors — and When Do You Need One?

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If you’re bidding on contract work, you will likely need a COI per terms of a legal agreement. Aside from owners and GCs, a government entity may want to see proof of liability insurance. If you rent storage or office space from a building owner, they may ask for a COI before you sign a lease. When do I need to provide a COI?

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West Virginia Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Indirect Loans: The West Virginia Economic Development Authority provides a loan insurance program through participating commercial banks to assist firms that cannot obtain conventional bank financing. This program insures up to 80% of a bank loan for a maximum loan term of four years. TAX INCENTIVES.

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Wyoming Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

The business must provide a bank “letter of credit” to guarantee payment of the bonds. Trademark Licensing Program: The Business Council has an agreement with the Secretary of State to use the Bucking Horse and Rider logo. These bonds are issued within the State’s IRS allocation of tax-exempt bond financing.

Wyoming 40
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State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.

Income 75
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North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Loans are made by the Bank of North Dakota and are guaranteed by the Export-Import Bank of the United States utilizing their medium-term credits program. The Bank of North Dakota (BND) provides some of the lowest interest rates in the nation through this program. Community financial institutions may participate in the loans.

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Feature Story: Public-Private Partnerships – An Alliance For Progress That Works

Business Facilities

In 2011, Emerson leased 18,000 square feet of space at the Sawgrass International Corporate Park with the option for an additional 9,500 square feet. Navy Federal Credit Union, Bristol-Myers Squibb and Deutsche Bank. The expansion made room for 20 new employees, which brought its total employment in Sunrise to more than 70.

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