Remove Bankruptcy Remove Insurance Remove Management Remove Subcontracting
article thumbnail

Advise & Consult: Serious, expert legal insights for the construction industry

Construction Marketing Ideas

McNamara of Pillsbury Winthrop Shaw Pittman LLP , who discusses the distinctions between Subcontractor Default Insurance (SDI) and bonding and takes aim at a surety provider arguing against SDI. My nearly two decades as a lawyer have taught me that surety bonds are really only protection against one risk: Subcontractor bankruptcy.

Legal 48
article thumbnail

Seventh Circuit examines "pay-if-paid" provision

Construction Lawyer

« Seventh Circuit addresses duties of construction manager to injured worker; analysis of Local Rule 56.1 | Main. Fidelity had issued a payment bond, but Fidelity refused to pay after the owner declared bankruptcy, and BMD sued Fidelity. Seventh Circuit examines "pay-if-paid" provision.

professionals

Sign Up for our Newsletter

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

article thumbnail

FAQ's About Outsourced Contractors Bookkeeping Services

Contractor Bookkeeping

A lot of contractors would like to subcontract out their bookkeeping services and the two main reasons they don''t is fear of losing control and cost. Innovation Or Bankruptcy. We determine the scope of services and establish a fixed monthly amount so you can manage you budget. They are listed in detail further down. a month.

FAQ 49
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

The exceptions are for financial institutions, financial institution groups, and insurance companies that have a maximum business privilege tax of $3,000,000. It also provides certified manager training and supervisory and team leadership training. The minimum tax is $100. a 3% rate for food sold through vending machines, and.

Income 108
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

ALABAMA INDUSTRIAL DEVELOPMENT TRAINING (AIDT): State training program certified in compliance with ISO 9001:2000, the International Organization for Standardization Principle for Quality Management. It also provides certified manager training and supervisory and team leadership training. ARIZONA INNOVATION ACCELERATOR FUND: An $18.2

Income 75