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7 Things Contractors Need to Know About Retainage

Fieldwire

It is governed by the contract, which means it’s part of the agreement between two parties. Subcontractors who typically work at the beginning of a project — laying the foundation, for example — may be forced to wait months or years before they’re able to collect retained amounts. This can cause problems for a couple of reasons.

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Does GC Insurance Cover Subcontractors?

Levelset

At their core, insurance policies are agreements between two parties: the insurer and the policyholder. However, the types of policies and their limits (the maximum amount claims can pay out) are limited. The contractor (policyholder), the property owner, or a third party unrelated to the problem may file a claim against the policy.

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Economic Loss Doctrine bars Nevada claims against Architect

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. Idle Equipment not entitled to Lien in Missouri » April 19, 2009. Economic Loss Doctrine bars Nevada claims against Architect. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY.

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constructionattorneyblog: Louisiana does not give res judicata effect.

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. Federal Court dismisses subs claim against GC because of arbitration provision. Liquidation Agreement did not supercede agreement to arbitrate. » March 28, 2012. In Greer v. In Greer v.

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Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. No work should ever be performed based on verbal agreements. Get Organized - Pick a company name that says something about what you are doing.

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We Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Get Organized - We strongly recommend a Subchapter S-Corp for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. No work should ever be performed based on verbal agreements. Consult with a construction attorney and follow their advice.

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State by State Incentives Guide

Buisness Facilities Contributed Content

The allocation to each Public University which makes application shall be based on each Public University’s federally financed research and development expenditures as reported by the National Science Foundation. A business that applies for the exemption must enter into an agreement with the Governor of Alabama. The Research Program.

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