NH Construction Law

MAY 28, 2018

The main advantage of such “trust fund” provisions is in bankruptcy; trust funds are not considered assets of the subcontractor/debtor that can be distributed to general creditors. But even on private projects written subcontracts can reserve the right to inspect subcontractor payroll records. § 5.5(a)(6).)

Subcontracting 40

Subcontracting New Hampshire Lien Insurance 40

Buisness Facilities Contributed Content

MARCH 21, 2014

The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. The SBA takes a second lien on assets and finances up to 40 percent of the project cost, up to $1 million in some cases. Borrowers inject 10 percent in the form of cash or equity in real estate.

Income 75

Income Finance Zoning Equipment 75

Buisness Facilities Contributed Content

APRIL 15, 2014

Sussex County fee reductions may include graduated property tax abatement over a 10-year period, as well as reductions in building permit, building code, planning and zoning, sewer review and sewer inspection fees. SMALL ENTERPRISE GROWTH FUND (SEGF): Provides Maine companies and entrepreneurs access to patient sources of venture capital.

Income 108

Income Finance Zoning Employment 108