Remove Banking Remove Commercial Remove Industrial Remove Liability
article thumbnail

Green Buildings are Subsidizing Conventional Buildings Stymying Climate Progress

Green Building Law Update

That improved balance sheet for green buildings translates directly into green buildings having over 30% fewer commercial mortgage backed securities defaults. and admittedly uneven) commercial green building mortgage backed securities market; although several offerings were hugely oversubscribed. Today there is a nascent (.

Green 293
article thumbnail

I Just Read my 1000th Phase I Environmental Site Assessment this Year

Green Building Law Update

For those concerned about the state of the environmental industrial complex during the coronavirus disease 2019 pandemic, I can report that last Friday I reviewed my 1,000th Phase I Environmental Site Assessment this year. 9601 et seq., 9601 et seq.,

Site 156
professionals

Sign Up for our Newsletter

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

article thumbnail

Phase l Assessments for Tenants are the Hottest Environmental Issue in 2020

Green Building Law Update

The Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA, commonly referred to as Superfund), 42 U.S.C. provides an important liability protection, including from cleanup costs, for parties who qualify as bona fide prospective purchasers (BFPPs). 9601 et seq., 9601 et seq.,

Liability 156
article thumbnail

Completed Operations: A Contractor’s Guide to Coverage, Cost, & More

Levelset

It is sold as an extension to your general liability insurance policy and may be required by the state you work in or the project owner. Completed operations coverage is bundled with a contractor’s general liability policy. Completed operations covers liability from work that is already completed (i.e., not in progress).

article thumbnail

Types of Capital for Construction Businesses

Levelset

The term capital is used across industries to represent all of a company’s financial assets, including cash, inventory, equipment, and more. Several different types of capital — working capital , debt capital , and equity capital — are common in the construction industry. Debt capital.

Debt 97
article thumbnail

PACE Bill Due in Baltimore City

Green Building Law Update

The Department of Energy says that there are active commercial (as opposed to residential) PACE programs in at least 9 states and DC and enabling laws enacted or programs in development in another 23 states. Commercial PACE programs are still very new. Maryland is typical.

Baltimore 120
article thumbnail

Construction Bookkeeping Unique Features

Contractor Bookkeeping

Bank Balance - Un-cleared Checks) = Cash. Assets - Liabilities) = Equity. -. Bank Account - Escrow Deposits. Bank Account - Operating. Bank Account - Job Deposits. Bank Account - Payroll. Bank Account - Operating. Bank Account - Petty Cash. Bank Account - Payroll. Cash On Hand.