article thumbnail

Payment Applications 101: A Guide to Pay Apps in Construction

Fieldwire

A payment application , or pay app for short, often refers to the pay application form itself. Conditional lien waivers : A lien waiver is a document that waives the signing party’s right to file a mechanics lien. There are several types of lien waivers. What Is A Payment Application?

Lien 98
article thumbnail

Public Law 111-308 – Federal Buildings Personnel Training Act – FBPTA – CORE COMPETENCIES

Building Information Management

Where the potential for that exists, the term has been defined and a reference location given. To receive credit for this performance in the system, an individual will certify that they have reviewed the reference indicated – the honor system applies. o Present information visually. o Obtain certificate of occupancy.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

00 61 16 Lien Bond Form. Affidavit of Release of Liens Form. 00 61 16 Lien Bond Form. Affidavit of Release of Liens Form. 01 42 00 References. 01 42 19 Reference Standards. 10 11 00 Visual Display Units. 10 11 33 Sliding Visual Display Units. Project Delivery. 00 54 21 Allowances Schedule.

article thumbnail

A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

00 61 16 Lien Bond Form. Affidavit of Release of Liens Form. 00 61 16 Lien Bond Form. Affidavit of Release of Liens Form. 01 42 00 References. 01 42 19 Reference Standards. 10 11 00 Visual Display Units. 10 11 33 Sliding Visual Display Units. Project Delivery. 00 54 21 Allowances Schedule.

article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

Internal Revenue Code Credits Adopted by Reference (AS 43.20.021): Under Alaska’s blanket adoption of the IRC, taxpayers can claim all federal incentive credits. This tax credit program was previously referred to as the Blue Collar Tax Credit. Federal credits that refund other federal taxes are not allowed.

Income 108