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The Utah Preconstruction Lien Process Explained

Levelset

Many Utah contractors are familiar with the construction lien process to secure payment for work or materials used in a building project. Utah actually gives them a similar payment tool, known as a preconstruction lien. However, the steps to claim one differ from the standard construction lien process. construction liens.

Lien 52
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Is It Feasible to Recover Cumulative Impact Costs?

Construction Dive

And, of course, there are questions of causation or responsibility for the various delays.Adding to the complexity of cumulative impact claims are contract clauses requiring prompt written notice of changed or delayed work, along with quantification of increased costs. Cumulative impact costs cannot be calculated until the end of the project.

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8 Ways for Contractors to Build Trust With a Homeowner

Levelset

Tell your customer whether or not their project, budget, or timeline is feasible. Shady, fly-by-night contractors will promise customers the world — and they hide the fact that they can put a lien on the owner’s home. They’ll collect a few checks, perform shoddy work, and then file a lien when the customer doesn’t pay.

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State by State Incentives Guide

Buisness Facilities Contributed Content

State Credits available against the Corporate Income Tax: Education Credit (AS 43.20.014): Taxpayers that contribute to vocational education programs or accredited Alaska universities or colleges for educational purposes or facilities may claim a tax credit for 50% of the first $100,000, 100% of the next $200,000, and 50% of further contributions.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The program is capped at 10,000 new jobs being claimed each year by all participants; whereas a taxpayer is limited to a maximum of 400 new jobs per year. The credit provided to the investor totals 39 percent of the cost of the investment and is claimed over a seven-year period. time permanent jobs paying above average wages.

Income 75
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Job Order Contracting – Best Practices Implementation

Building Information Management

Competitive quotations shall be secured wherever feasible, and in all instances, when requested by the Owner. The Owner may hold a retainage for completion of any punch list(s) for the estimated cost to complete the punch list and /or release of liens. All cash discounts should be deducted in determining material costs.