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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

Going forward there will be a long-term asset offset by a current liability and a long-term liability. While both operating and finance leases will be recorded on the balance sheet, expense recognition is different. Finance leases will require the lessee to recognize interest expense and amortization expense. Main Image.

Leases 177
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Army Job Order Contracts FAIL to meet AFARS requirements MOST OF THE TIME

Job Order Contracting

For CONUS, the JOCPB shall be developed using commercially available pricing tools to ensure consistent and comprehensive pricing of tasks unless the contracting officer determines the use of a commercially available pricing tool is not in the best interest of the government. Appointments of ordering officers under each JOC must be minimized.

Contract 226
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What Is a Certificate of Insurance (COI) for Contractors — and When Do You Need One?

Levelset

Aside from owners and GCs, a government entity may want to see proof of liability insurance. You may be seeking to work for a local, state, or federal government, and these bodies will want to know that you carry liability insurance before you’re awarded — or even considered — for a bid. When do I need to provide a COI?

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ESG Disclosure Simplification Act Passes Committee But Will Fail

Green Building Law Update

The Bill if enacted would also create a new permanent Sustainable Finance Advisory Committee that must within 180 days of first meeting submit to the SEC “recommendations about what ESG metrics” the SEC should require be disclosed. But again, there is no realistic scenario under which this becomes law.

DC 120
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#92:  Lost Profits and Waivers of Consequential Damages

NH Construction Law

This mutual waiver includes: 1 damages incurred by the Owner for rental expenses, for losses of use, income, profit, financing, business and reputation, and for loss of management or employee productivity or of the services of such persons; and.2 Pittsburgh Networks, LLC , Merrimack County Superior Court No.

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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. The Office, The Field, and Technology. There’s no better example of the business silo in construction than the separation that many companies experience between field operations and office management. Public Exposure and Liability on Construction Sites. MANAGEMENT |. ACCOUNTING |. SOFTWARE |.

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Pennsylvania Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

GAP is administered by the Pennsylvania Office of International Business Development (OIBD) and provides up to $3,500 per year to qualifying Pennsylvania companies to reimburse 100% of eligible expenses associated with specific export promotion activities. The total tax credits awarded to a taxpayer may not exceed $500,000 in any fiscal year.