Remove Cash Flow Remove Estimating Remove Lien Remove Subcontracting
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Subcontractor Default Insurance: Pros & Cons for General Contractors

Levelset

In addition, SubGuard does not provide protection against mechanics liens from unpaid second-tier subs and suppliers. LA Plumbing is providing plumbing work on the project, and their subcontract is worth $2 million. SDI is offered as an alternative to performance bonds.

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Keep Construction Office & Operations Teams Happy with These ERP & Financial Integrations  

Autodesk Construction Cloud

Execute projects on time and within budget with encrypted data transfers and reduced IT expertise needed to keep everything running smoothly. And with the ability to sync subcontracts and purchase orders into accounting, hh2 creates a bridge between Autodesk Build and Sage 300 CRE, allowing for increased efficiency and improved data accuracy.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Property taxes are forgiven for a period of time to allow the project to cash flow. It provides specialized and professional assistance to businesses seeking assistance with contracting and subcontracting opportunities with the Department of Defense (DOD), other federal agencies or state and local governments.

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