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7 Things Contractors Need to Know About Retainage

Fieldwire

Retainage is up for negotiation Retainage is not set in stone. It is governed by the contract, which means it’s part of the agreement between two parties. Every contract is negotiable, including what percentage is retained and for how long. It’s up to the contracting parties to agree on the terms that work for both of them.

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Should Designers Be Liable to Contractors for Drawing Errors?

Construction Dive

The Texas Supreme Court recently came down on the latter side of this argument. Liability in negligence to non-contracting parties would upset this carefully negotiated balance. A contractor “must look to its agreement with the owner for damages if the project is not as represented.” ” Read more.

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Legal Documents Required for Purchase of Property

CivilJungle

Sale Agreement. The sale agreement documents carry all crucial facts about the land ownership and the customer and dealer. Only after the sale agreement can we tell the sale of custody becomes finished. Mother Agreement. A deed represents the right of the owner to claim the property. Deed of Land.

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COVER STORY: 2013 Business Facilities Rankings Report – State Rankings

Buisness Facilities Contributed Content

Several states—including Texas, Louisiana, North Dakota, Washington and Utah—deserve a shout-out for their overall performance in our 9th annual rankings festival. Using these criteria, Texas, Florida, Tennessee, Indiana and Georgia took the top five slots in Best Infrastructure, respectively. This brings total U.S.

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State by State Incentives Guide

Buisness Facilities Contributed Content

A business that applies for the exemption must enter into an agreement with the Governor of Alabama. This credit can also be claimed against the insurance premium tax, the oil and gas production and property taxes, the fisheries business and landing taxes, and the mining license tax.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The program is capped at 10,000 new jobs being claimed each year by all participants; whereas a taxpayer is limited to a maximum of 400 new jobs per year. The business must sign a job-creation agreement under the Advantage Arkansas program within 24 months of signing the Tax Back agreement.

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