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7 Things Contractors Need to Know About Retainage

Fieldwire

Retainage does not extend the mechanics lien deadline A mechanics lien is perhaps the most powerful tool that contractors have to force payment. Mechanics lien laws have specific deadlines that contractors must follow. If they let the filing deadline lapse without filing a lien claim, lien rights may be lost forever.

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Florida Supreme Court follows Texas' Lamar Homes

Construction Lawyer

Florida Supreme Court follows Texas Lamar Homes. On December 20, 2007, the Florida Supreme Court issued a ruling in United States Fire Insurance Company v. This follows the lead of the Texas Supreme Court in Lamar Homes, Inc. December 21, 2007 in insurance , litigation , news | Permalink. mechanics liens.

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constructionattorneyblog: Limitation of Liability in new AIA Document

Construction Lawyer

Florida Supreme Court follows Texas Lamar Homes » November 11, 2007. The Architect’s duty to indemnify the Owner under this provision shall be limited to the available proceeds of insurance coverage. To offset this problem, B103 permits the owner to require the architect to carry additional insurance (at the owners expense).

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Non-signatory bound by agreement to arbitrate

Construction Lawyer

« Florida Supreme Court follows Texas Lamar Homes | Main. In this case, SIB claimed benefits under a contract between Hansen and a third party. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. Arbitrators award attorneys fees, contract notwithstanding » December 28, 2007.

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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.

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