Remove Banking Remove Claims Remove Contract Remove Debt
article thumbnail

4 Factors Underwriters Consider When Issuing a Construction Bond

Levelset

In some cases, prior to speaking with the surety, it is helpful to prepare an itemized list that breaks the project’s contract value down by scope and/or subcontractor. Next, subtract the sum of your accounts payable, short-term debts owed, and over-billings. Reputation with past suppliers, project owners, & subcontractors.

Risk 52
article thumbnail

Legal Documents Required for Purchase of Property

CivilJungle

A deed represents the right of the owner to claim the property. If you are buying a resale property, ask for a copy of receipts from the seller to be produced to the bank. You can request proof of funds from the bank, credit union or other institution that holds your money. Home purchase contracts. Original sale contract.

professionals

Sign Up for our Newsletter

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

article thumbnail

constructionattorneyblog: Subcontractor's Mechanics lien allowed.

Construction Lawyer

The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. Subcontractors Mechanics lien allowed where bank seized generals funds. « Liability for green design | Main. University of St. Francis , No.

Lien 40
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Internal Revenue Code Credits Adopted by Reference (AS 43.20.021): Under Alaska’s blanket adoption of the IRC, taxpayers can claim all federal incentive credits.

Income 108
article thumbnail

North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Loans are made by the Bank of North Dakota and are guaranteed by the Export-Import Bank of the United States utilizing their medium-term credits program. The loan requires a down payment of at least 15% of the contract amount prior to shipment and a signed promissory note for the balance. Reference: N.D.C.C. § 57-38-01.8.

article thumbnail

Oklahoma Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

In limited instances, the rebates may increase up to 6% for companies entering a second contract that pays 150% of their first contract or if the company hires veterans and veterans account for when at least 10% of the company’s jobs. Tax credits accrue and may be claimed beginning January 1, 2011.

article thumbnail

North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Loans are made by the Bank of North Dakota and are guaranteed by the Export-Import Bank of the United States utilizing their medium-term credits program. The loan requires a down payment of at least 15% of the contract amount prior to shipment and a signed promissory note for the balance.