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The Preconstruction Phase: Understanding the Process & Risks

Levelset

Preconstruction is the initial stage of a construction project where an idea starts to become a reality. It’s at this point that the client can determine whether the project is feasible or not. In turn, the general contractor will take that information and determine if the project is feasible. Permit and inspections.

Risk 52
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Understanding the Performance and Monitoring Phase of Construction

Levelset

During this first phase, pre-construction , the project owner will consult with an architect or design firm about an idea or plan. The designer will then help the project owner flesh out their ideas, determine a preliminary budget and timeline, and even assist the project owner in determining whether or not the project is feasible.

Lien 52
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State by State Incentives Guide

Buisness Facilities Contributed Content

The business must obtain a direct-pay sales and use tax permit from the State of Arkansas. New Markets Tax Credit (NMTC) Program: Permits taxpayers to receive a credit against federal income taxes for qualified equity investments in designated Community Development Entities (CDEs). The applicant must be a for-profit entity.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The capital credit is used only after all other deductions, losses or credits permitted under Titles 40 and 41 of the Code of Alabama 1975. The business must obtain a direct-pay sales and use tax permit from the State of Arkansas. This credit cannot be carried forward or back, and cannot be used to generate a refund to the taxpayer.

Income 75