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Should Contractor-Financed Projects Be Competitively Bid?

Construction Dive

By Bruce Jervis Pressing needs for infrastructure and other public facilities, combined with limited funding sources, are changing the way public projects are financed. Increasingly, the constructor is also the financier, compensated through lease payments, tolls, or other user fees. Some states, however, have been proactive.

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What Is a Certificate of Insurance (COI) for Contractors — and When Do You Need One?

Levelset

A COI may include a waiver of subrogation endorsement that basically asks your insurance company to pay an insurance claim, while giving up the ability to recover (or subrogate) damages from the party that actually caused the problem. If you rent storage or office space from a building owner, they may ask for a COI before you sign a lease.

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New Mexico Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Public Project Revolving Loan Fund (PPRF): The New Mexico Finance Authority¹s flagship program funds infrastructure and capital equipment projects with low-cost and low-interest rate loans. The planning money comes in the form of a loan which may be forgiven when the final project is financed through NMFA. Tax Incentives.

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State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

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North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Beginning Entrepreneur Loan Guarantee Program: Designed to assist in business start-up financing by providing a financial institution with guaranty of a loan not to exceed $200,000. Loans may be used to finance the purchase or improvement of real property, equipment or personal property, or working capital needs.

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Rhode Island Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Bond Financing. Renewable Energy Fund : Provides grants, loans and other financing options to renewable energy projects with the potential to make electricity in a cleaner, more sustainable manner, while stimulating job growth in the green technology and energy sectors of Rhode Island’s economy. Tax-Exempt R.I.

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New Mexico Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Advanced Energy Deduction & Advance Energy Tax Credit: Receipts from selling or leasing tangible personal property or services that are eligible generation plant costs to a person that holds an interest in a qualified generating facility are deductible from gross receipts and compensating tax.