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#67:  Paying Your Subcontractor's Employees

NH Construction Law

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).)

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Seventh Circuit examines "pay-if-paid" provision

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. Fidelity had issued a payment bond, but Fidelity refused to pay after the owner declared bankruptcy, and BMD sued Fidelity.

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State by State Incentives Guide

Buisness Facilities Contributed Content

The program offers three types of benefits: Transaction Privilege Tax Exemption – Exemption from transaction privilege tax on contracts for certain types of construction at an MRZ. State Preference Points – Enterprise Zone companies can earn preference points on state contracts. For more information, please visit this link.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

RESEARCH AND DEVELOPMENT INCENTIVES: University Based Research and Development – An eligible business that contracts with one or more Arkansas colleges or universities in performing research may qualify for a 33 percent income tax credit for qualified research expenditures. This tax credit is applied to a tax payer’s state tax liability.

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