Fieldwire
AUGUST 14, 2023
It’s fairly common, especially on commercial and public construction projects, and typically ranges from 5 - 10% of the total contract price. So on a $100,000 contract with 10% retainage, the contractor doesn’t have to fork over ten grand at the beginning. This can be used in a couple of different ways.
NH Construction Law
OCTOBER 22, 2023
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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Levelset
APRIL 15, 2022
Mayer Building Company is a New Orleans-based general contractor that specializes in commercial construction and historic renovations. In short, the company has a wealth of experience in preserving New Orleans’ historic architecture, as well as designing, building, and renovating commercial spaces. . Mayer Building Company overview.
HardHatChat
MAY 18, 2010
Commercial construction change order myths. If I had a dollar for every time I had to set the record straight on commercial construction costs and change orders… I would still have this job. When it comes to taking orders in the commercial construction project food chain, it goes like this: client? Trust me, we don’t.
Construction Marketing Ideas
FEBRUARY 13, 2016
The Cobb Law Group’s Georgia Construction, Bond and Lien Law Blo g provides practical information for contractors doing business in Georgia. The Cobb Law Group’s Georgia Construction, Bond & Lien Law Blog clearly states its focus in its title. Fix Your Customer Contracts! Negotiate/Review Your Contracts.
HardHatChat
FEBRUARY 9, 2010
If you’re looking to buy distressed commercial property , your eyes are probably as big as saucers. commercial properties in current distress. But before you take on the role of receiver, here are five questions you must address with your general commercial construction contractor before assuming receivership of a distressed property.
Green Building Law Update
AUGUST 16, 2020
Today, the contracts for the sale and purchase of a house are often provided through a multiple listing service usually by a local board of realtors and most of the forms in common use do not adequately address the admittedly new and only now evolving issues arising from a sale with rooftop solar panels.
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