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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.” Foundation Constructors, Inc. ,

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Lawsuit over First LEED Platinum Building is Over

Green Building Law Update

I wrote an earlier bog post, Litigation over First LEED Platinum Building Comes to an End , when on July 23, 2015, parties in the lawsuit The Chesapeake Bay Foundation, Inc., District Court for Maryland, filed a Stipulation of Dismissal with Prejudice following a confidential Settlement Agreement and Mutual Release.

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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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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.

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