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#96:  Payment Bond Sureties and "Pay-if-Paid" Subcontracts

NH Construction Law

If the principal is a general contractor with a “pay-if-paid” clause in its subcontracts, must a subcontractor wait for the general contractor to be paid before it can collect on a payment bond? Thus the liability of the company as surety is coextensive with that of the principal.” United States ex rel. 27, 29 (1959).

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What Is an Installation Floater?

Levelset

” You may already have an insurance policy that offers coverage for business property and general liability. This broader category of commercial insurance is designed to cover things like building materials, tools, or equipment, regardless of where these items travel. . Who needs installation floater insurance?

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Construction Jobsite Safety: Strategies and Resources for Worker Well-Being

Pro Builder

Consider these elements of a training and awareness program to save lives, mitigate injuries, and reduce liability and costs . Simply, liability for injuries and fatalities extends to the builder under OSHA’s Multi-Employer Citation Policy, notes Edwin G. Jobsite safety is critical for workers and for your home building company.

Safety 72
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Federal Court dismisses sub's claim against GC because of arbitration

Construction Lawyer

Sabo & Zahn LLC is an Illinois Limited Liability Company. You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. Liquidation Agreement did not supercede agreement to arbitrate. All references to "Sabo & Zahn" refer to Sabo & Zahn LLC. LEXIS 46151 (W.Dist.

Claims 40
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State by State Incentives Guide

Buisness Facilities Contributed Content

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
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Winning More Construction Bids: A Complete Guide

Autodesk Construction Cloud

Subcontracting. This process is known as subcontracting. Here, the owner and contractors would come up with an agreement and produce a formal document outlining the terms of the project. . This means the owner has separate agreements with GCs, trade contractors, etc. . Contract negotiation and formation.

Bidding 52
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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