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Assignment of Benefits for Contractors: Pros & Cons of Accepting an AOB

Levelset

When a property owner files an insurance claim to cover a restoration or roofing project, the owner typically deals directly with the insurance company. They may not have the funds available to pay the contractor out of pocket, so they’re counting on that insurance check to cover the construction costs.

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HUD Jumpstarts PACE Financing for Homes

Green Building Law Update

The concept is not new, but nationally, residential PACE programs generally have been put on hold or foregone as a result of concerns of HUD and the Federal Home Loan Banks, that issued a directive in February 2011 to refrain from purchasing mortgage loans secured by properties with outstanding first lien PACE obligations.

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Direct Contractors In California Should Take Steps Now To Reduce Exposure For Unpaid Wages By Subcontractors

Construction and Infrastructure Law

Employers should ensure that workers provided by staffing firms are paid correctly and covered by workers’ compensation insurance, and should also carefully examine and draft indemnification agreements with staffing firms. creating systems and protocols to confirm timely payment of wages to subcontractors’ workers. Section 2810.3

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constructionattorneyblog: New AIA documents and Arbitration

Construction Lawyer

« False Claims lands Engineer in jail | Main. | If they just read the articles that claim that litigation is the automatic "default," they may not even look at this provision when drafting the documents if they actually want to have litigation as the real default. mechanics liens. Categories. arbitration.

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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. This credit can also be claimed against the insurance premium tax, the oil and gas production and property taxes, the fisheries business and landing taxes, and the mining license tax.

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A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

00 61 16 Lien Bond Form. 00 62 16 Certificate of Insurance Form. Affidavit of Payment of Debts and Claims Form. Affidavit of Release of Liens Form. 00 73 16 Insurance Requirements. 00 61 16 Lien Bond Form. 00 62 16 Certificate of Insurance Form. Affidavit of Payment of Debts and Claims Form.

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The new AIA Documents and Arbitration - What Rules Apply?

Construction Lawyer

The AIA document does not change that, although a more careful drafting of the above-quoted language could have done so. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. For example, AIA Document B101, Owner-Architect Agreement, states: § 8.3.1 So what, you might ask. Absolutely! Categories.

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