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What Is Retention in Construction | What Do You Mean by Retention Money in Construction | What Is the Purpose of Retention Money

CivilJungle

The meaning of term Retention in Construction can be described as a percentage of amounts that are certified as due to the contractor on an interim certificate, that is deducted from the amount due and retained by the client in construction related works. What Is Retention in Construction? What Do You Mean by Retention Money in Construction?

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The Contractors Accountant And What We Can Do For You

Contractor Bookkeeping

YOU may be a builder, remodeler, plumber, electrician, drywall specialists, excavation or one of the other tradespeople. The ME syndrome; ME, ME, ME, my education my certifications, my Awards. If YOU were wondering why I did not list all my degrees and certifications now YOU understand.

professionals

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Pennsylvania Home Improvement Consumer Protection Act: What Residential Contractors Need to Know

Levelset

The contract must include: The approximate starting date and completion date Description of the work to be performed List of the materials to be used Detailed set of specifications. Also, the contract should state that none of the work, materials, or specs can be changed or altered without a written change order signed by both parties.

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New York Home Improvement Contracts: What Residential Contractors Need to Include

Levelset

If there are no employees, then they must provide a certificate of attestation of exemption ( CE-200 ) from the NY Worker’s Compensation Board. The roofer may invoice the owner for materials upon delivery of said materials to the owner’s property. First and foremost, it covers all contracts that are valued at $500 or more.

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State by State Incentives Guide

Buisness Facilities Contributed Content

If a business entity invests in a qualifying project that meets certain requirements and is approved by the Alabama Department of Revenue, and maintains minimum annual requirements, the company may receive an annual credit against its income tax liability generated from the qualifying project. Pollution control equipment.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.

Income 75
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New Mexico Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Receipts from the sale of or from maintaining, refurbishing, remodeling, or otherwise modifying a commercial or military carrier over 10,000 pounds gross landing weight. A certificate of eligibility must be obtained from the Energy, Minerals, and Natural Resources Department to apply for this credit.