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#135:  Unconscionable Arbitration Agreements

NH Construction Law

“An agreement to arbitrate may be unenforceable if pursuing a claim in arbitration is so cost prohibitive that it prevents a party from vindicating its rights.” ” He pointed to the AAA’s Administrative Fee Schedules, under which it would cost him over $8,000 to present his case to the arbitrator.

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How to Get Large Group Health Insurance Plans for Contractor Business Employees

Construction Marketing

The phrase “1099 employee” generally describes people that act as independent contractors or are “self-employed.” Instead, 1099 workers are paid based on your agreement with them. When tax season comes around, you issue a 1099-MISC to all the independent contractors that you’ve paid over $600 to that year.

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Hollywood film studio pauses £600m Hertfordshire job

Construction Enquirer

Contractor ISG, which signed a pre-construction services agreement to build the vast film studio complex late last year, is now standing down its supply chain. A supplier told the Enquirer : “We’ve been waiting around to confirm start and schedule dates and now have received notification from ISG that everything is on hold.

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Service Agreements Can Improve Contractors Cash Flow And Profits

Contractor Bookkeeping

Why Sell Service Agreements? Service agreement holders are more likely to be clients that add more value to your construction company because they represent the most loyal segment of your customer base. Every service agreement customer represents a future work. Every service agreement customer represents a future work.

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Do Project Labor Agreements Restrict Competition?

Construction Dive

By Bruce Jervis Project Labor Agreements are controversial. These are pre-hire agreements between a general contractor or a construction manager and a designated collective bargaining representative for all labor on the project. The court concluded there was conflicting evidence on the effect of PLAs on non-union contractors.

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Payment Applications 101: A Guide to Pay Apps in Construction

Fieldwire

Due to the size and complexity of most construction projects, contractors often need to supply additional proof of their work to prove to the owner or general contractor (GC) that they deserve to get paid. But a pay app is actually a collection of supporting documents that first and second tier contractors submit to request payment.

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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. Contractors often wish they could simply deal with the insurance company directly through an assignment of benefits. The AOB agreements need to be in writing.