Construction Specifier

JUNE 8, 2023

By Ryan Graham The average commercial building in the U.S. is approximately 53 years old, 1 and considering the average performance lifespan of a building plumbing system is approximately 30 years, there are thousands of commercial buildings with pipes suffering from age-related build-up and blockage, rust, cracks, and leaks.

Commercial 52

Commercial Sewer Renovating Risk 52

Buisness Facilities Contributed Content

APRIL 15, 2014

Industrial Revenue Bonds: May be used as long-term financing of up to 100% of a project for: Acquisition of land, buildings, site preparation and improvements; Construction of buildings; Acquisition and installation of furnishings, fixtures and equipment; Capitalizable soft costs (e.g.,

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years. INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975.

Income 75

Income Finance Zoning Equipment 75