Construction Law Monitor

APRIL 10, 2014

The Fair Debt Collection Practices Act protects the consumer, not businesses. Most business think that when an account is overdue, then they call up a debt collection agency and the debt will be collected or its deemed bad debt. You have a pre-debt fact gathering and document filing stage, as the first phase.

Debt 56

Debt Commercial Accounting Louisiana 56

Green Building Law Update

JANUARY 24, 2016

In the event of a default, the liability is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder consent is required. There were not similar concerns expressed about commercial loans. Commercial PACE programs are still very new.

Lien 120

Lien Finance Commercial DC 120

Green Building Law Update

SEPTEMBER 11, 2016

Baltimore is proposing to allow the PACE financing of any equipment, device or material intended to improve energy efficiency, including in new construction (e.g., While Sonoma County was an early innovator, Connecticut has a widely admired statewide green bank program that is up and running and it is the model for Maryland.

Baltimore 120

Baltimore Maryland Finance Residential 120

Levelset

AUGUST 16, 2022

Contractors need to be able to show the surety that they can perform the work on the project , including the ability to track job costs on a daily or weekly basis and having the right equipment and personnel to handle the various tasks. Next, subtract the sum of your accounts payable, short-term debts owed, and over-billings.

Risk 52

Risk Cash Flow Construction Banking 52

Contractor Bookkeeping

MARCH 9, 2013

Some Contractors Hire Part Time Secretaries to do everything including construction bookkeeping and then wonder why their company debts keep growing and crushing them. Sending the Notice to Owner of Intent To Lien to protect my financial interests. Enter purchases of material, supplies, equipment rental, tools and other items.

Contractors 48

Contractors Cash Flow Banking Change Orders 48

Buisness Facilities Contributed Content

MARCH 8, 2016

State Water Commission funds, not exceeding $20,000 per borrower, may be used to supplement Ag PACE funds for the purchase of irrigation equipment on new irrigated acreage. Loans may be used to finance the purchase or improvement of real property, equipment or personal property, or working capital needs. The guarantee fee is.5%

North Dakota 40

North Dakota Income Finance Equipment 40

Buisness Facilities Contributed Content

JULY 11, 2014

Loans may be used to finance the purchase or improvement of real property, equipment or personal property, or working capital needs. Proceeds can be used for working capital, equipment and real property or refinancing. Terms average 3-5 years for working capital, 5-7 years for equipment, and 12-20 years for real estate.

North Dakota 40

North Dakota Income Finance Equipment 40