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NOVEMBER 1, 2018
But if that owner is building a new office complex, they’ll enter into an agreement with a general contractor who will then subcontract pieces of the work to trade or specialty contractors. For example, if an owner needs to upgrade wiring in their facility, they’ll probably work directly with an electrical trade contractor.
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AUGUST 5, 2022
billion in workforce education. More than half of that spending (56%) went toward safety education, a sign that construction remains a potentially dangerous job. Last year, members of Associated Builders and Contractors , a national trade association representing the nonunion construction industry, invested $1.6
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Buisness Facilities Contributed Content
APRIL 12, 2016
Eleven different Pennsylvania-based construction companies already have been subcontracted to do much of the work, and many more opportunities will be made available as the project goes forward. Custom training at a NM public educational institution may also be covered. It reimburses 50 percent to 75 percent of employee wages.
Buisness Facilities Contributed Content
APRIL 15, 2014
Property Tax Abatements: The Tax Incentive Reform Act of 1992 (TIRA) allows qualified industries to receive abatements of non-educational property taxes for new businesses locating to Alabama and for expansions of existing facilities in Alabama. The combined state and local millage rate would then be applied to the assessed value.
Buisness Facilities Contributed Content
MARCH 21, 2014
BROWNFIELD DEVELOPMENT TAX ABATEMENTS: Gives cities and counties the ability to abate the following: Non-educational city and county sales & use taxes; Non-educational state, city and county property taxes—up to 20 years; Mortgage and recording taxes. The educational facility will also serve as fiscal agent for the project.
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