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The Real Lemon in the Bunch: Understanding Pay-If-Paid Clauses in Construction Contracts

Best Practices Construction Law

The owner ultimately lost its construction financing on the project and abandoned the development. In a payment dispute between the subcontractor and contractor, the contractor argued that the “pay if paid” clause provided an absolute defense to payment. So, what should your contracts provide?

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For Sarah Hernandez, The Korte Company made her American dream come true

The Korte Company

But the schedule was exhausting, and she stepped back from her studies to focus on getting her finances in order. A technician for a Department of Defense contractor, he is also a first-generation immigrant. Also, Plains Memorial Hospital and Four Seasons Vail). They were like, ‘What a journey to get here,’” she said. It’s a whirlwind.

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The Real Lemon in the Bunch: Understanding Pay-If-Paid Clauses

Best Practices Construction Law

The owner ultimately lost its construction financing on the project and abandoned the development. In a payment dispute between the subcontractor and contractor, the contractor argued that the “pay if paid” clause provided an absolute defense to payment. So, what should your contracts provide?

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State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

Income 108
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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Nevada and Alabama rounded out the top five in Economic Growth Potential, followed by Utah, Florida, Louisiana, Missouri and Mississippi. The Utility Account helps rural communities finance necessary infrastructure upgrades to attract future business.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100 percent of the project costs. It allows for the construction of roads, bridges, etc.

Income 75
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Cover Story: 2014 Business Facilities Rankings Report

Business Facilities

financed campaign to strong-arm state legislature in slowing the turbine effort down. Most of the states that were clobbered by the housing market collapse, including Florida, Nevada, California and Oregon, made it into the top 10 in our Employment Recovery Leaders ranking. 2 at 26 percent). automotive industry. Herbert told us.

Louisiana 111