Best Practices Construction Law

JANUARY 16, 2015

An owner, including a DOT, is said to have violated the implied obligations where its action or inaction delays performance of the project, thus increasing costs. Contract Docs assignment of construction contract Document Management forum selection clause governing law indemnification lien waiver Project Management'

Contract 48

Contract Roads Construction Lien 48

Buisness Facilities Contributed Content

MARCH 21, 2014

The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. The SBA takes a second lien on assets and finances up to 40 percent of the project cost, up to $1 million in some cases. Borrowers inject 10 percent in the form of cash or equity in real estate.

Income 75

Income Finance Zoning Equipment 75

Buisness Facilities Contributed Content

APRIL 15, 2014

Industrial Road Access Program: Administered by North Carolina’s Department of Transportation (DOT), this program provides funds for the construction of roads to provide access to new or expanded industrial facilities. Eligibility is limited to a new business or existing business that expands its operations in the state.

Income 108

Income Finance Zoning Employment 108