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#130:  Secured Lenders' Rights to Construction Contract Payments

NH Construction Law

It happens this way: A contractor or subcontractor borrows money from a lender, and as security for the loan it gives the lender an assignment of or lien on its receivables and contract rights. Otherwise all construction contracts would have such a clause, thwarting the lender’s statutory rights.

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Best Practice Job Order Contracting

Job Order Contracting

Best Practice Job Order Contracting. The DOD has long been recognized as the leader in best practice job order contracting. Thus while County, State, and Local Governments in general have a ways to go in deploying Best Practice Job Order Contracting, the potential benefit are certainly worth the effort. Note that for.

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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

Medical expenses, property damage, and legal defense costs can grow quickly. An uninsured business would likely not have the financial resources to pay a large legal settlement. Such an occurrence could threaten the existence of your contracting business. Commercial umbrella insurance. Tool or equipment floaters.

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Carpenter’s Insurance: Who Needs It & Why

Levelset

If a third party gets injured on a job, liability coverage helps pay the cost of legal defense if you get sued for the accident. . Here’s a partial list: Commercial auto insurance : You may operate trucks or vans, and commercial auto coverage enters the mix if you get in an accident with another vehicle or damage a fence on a job.

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#109:  Liability Insurers' Duty to Defend

NH Construction Law

”) Parsing of claims and theories, and furnishing a defense to only the covered ones, is not allowed. The argument that the insured’s consent to a partial settlement should be required is in tension with the principle that the parties’ contract should determine their rights. City of Keene , 898 F.2d

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Community-based Construction Cost Estimating

Job Order Contracting

Once the estimate is mutually approved the construction team uses the estimate for the development of the schedule of values, the cost loaded schedule, and management of the construction progress and costs within the limits of the estimate, the associated construction delivery method, contract, and detailed written operations or execution manual.

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constructionattorneyblog: Sole Proximate Cause Defense Reaffirmed

Construction Lawyer

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. A Legally Inclined Weblog. >.

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