Remove Agreement Remove Construction Remove Florida Remove Negotiation
article thumbnail

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

Levelset

They may not have the funds available to pay the contractor out of pocket, so they’re counting on that insurance check to cover the construction costs. An assignment of benefits , or AOB, is an agreement to transfer insurance claim rights to a third party. The AOB agreements need to be in writing. Setting up an AOB. Klark Brown.

article thumbnail

Legal Documents Required for Purchase of Property

CivilJungle

Every construction work begins with legal approval. Before purchasing land is essential to verify the construction fulfillment certificate, so there is no problem after buying a property. Sale Agreement. The sale agreement documents carry all crucial facts about the land ownership and the customer and dealer.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Construction Contract's arbitration provision is separable, based on

Construction Lawyer

Werner Sabo is a partner at the construction law firm of Sabo & Zahn in Chicago. He is a member various professional organizations, has been an officer and director of the Chicago Chapter AIA, President of the Chicago Chapter, Construction Specifications Institute, and writes a regular construction law column for The Construction Specifier.

article thumbnail

COVER STORY: 2013 Business Facilities Rankings Report – State Rankings

Buisness Facilities Contributed Content

The first was not unexpected, although China’s lead in developing alternative energy is expected to shrink as its ability to spur solar panel production is eliminated by trade negotiators enforcing a WTO decision citing China for subsidizing its industry. in nearly 30 years. The Sunshine State surged into the no.

article thumbnail

FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

State and local incentives from Florida and the City of Pembroke Pines totaled $554,000, including $434,000 from the Qualified Target Industries Tax Refund Program and $80,000 from the Governor’s Quick Action Closing Fund. The first, announced in 2012, is ConAgra’s new facility and research agreement. 1, 2017 and Dec.

El Paso 106
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

It allows for the construction of roads, bridges, etc. Industrial Revenue Bonds: May be used as long-term financing of up to 100% of a project for: Acquisition of land, buildings, site preparation and improvements; Construction of buildings; Acquisition and installation of furnishings, fixtures and equipment; Capitalizable soft costs (e.g.,

Income 108
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

SALES & USE TAX ABATEMENTS: Taxes on construction-related transactions, pollution control devices are exempt from sales and use taxes. MADE IN ALABAMA” JOB INCENTIVES ACT: Qualifying companies may receive a transferable income tax credit to offset import tariff costs during local construction process.

Income 75