Bankruptcy Claims Risk Subcontracting 
NH Construction Law
MAY 28, 2018
Before subcontracting any significant portion of a long term job to someone who isn’t known to be financially solvent, the wise general will ask for proof that the sub can carry the strain of weekly payroll through a monthly requisition procedure, with retainage. How does a GC protect itself? § 5.5(a)(6).)
Construction Marketing Ideas
MARCH 11, 2016
While the definition of a default depends on the terms of the SDI policy, it is solely based on a failure to fulfill the terms of a covered subcontract. This allows the general contractor to make a claim and without interrupting the subcontractor’s work on the project. SDI is “pay first, question later, if necessary.” Fill out my.
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Construction Lawyer
JULY 20, 2012
In other words, you use the stuff we post here at your own risk. The question became whether the general or the subcontractor would bear the risk of loss. Fidelity had issued a payment bond, but Fidelity refused to pay after the owner declared bankruptcy, and BMD sued Fidelity. Fidelity , 679 F.3d
Buisness Facilities Contributed Content
APRIL 15, 2014
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.
Buisness Facilities Contributed Content
MARCH 21, 2014
CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. The program is capped at 10,000 new jobs being claimed each year by all participants; whereas a taxpayer is limited to a maximum of 400 new jobs per year.
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