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#130:  Secured Lenders' Rights to Construction Contract Payments

NH Construction Law

It happens this way: A contractor or subcontractor borrows money from a lender, and as security for the loan it gives the lender an assignment of or lien on its receivables and contract rights. No one thinks to ask whether the contractor has pledged its receivables to secure a loan or line of credit.

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Industry Focus: Global Aerospace Production Soars To New Heights

Business Facilities

According to Deloitte’s 2014 Global Aerospace and Defense Outlook , the commercial aerospace sector is expected to experience significant growth this year, driven by continued record-setting production levels at assembly facilities and throughout the aerospace supplier network. Virtually every major defense contractor in the U.S.

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BUSINESS REPORT: Life Sciences Grow High-Wage Jobs in the Beehive State

Buisness Facilities Contributed Content

billion in personal income. Utah has identified eight industry clusters it is targeting for growth, including aerospace/aviation; defense/homeland security; energy; financial services; life sciences; software development/ IT; outdoor products/recreation; and competitive accelerators. In 2010, the cluster contributed $14.6

Utah 40
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State by State Incentives Guide

Buisness Facilities Contributed Content

Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. 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.

Income 75
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BUSINESS REPORT: Maryland — SSA’s New Data Hub Moves Forward In Urbana

Buisness Facilities Contributed Content

Conceptual layout of the Social Security Administration’s new data center in Urbana. The General Services Administration’s (GSA) Mid-Atlantic Region and the Social Security Administration (SSA) are collaborating to design and construct the SSA’s new National Support Center in Urbana, MD. By Jonathan Sanders.

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Location Focus: Washington – Scenic Vistas And Soaring Industry Side By Side

Business Facilities

The Port of Everett contributed directly to the collective success of statewide efforts to secure the 777X including through site design, expedited permitting, and preparation for facilities construction. Oysters, shrimp and crab are among the primary income producers, but shellfish are only part of the story.