article thumbnail

#122:  Construction Loan Disbursement Pitfalls

NH Construction Law

New Hampshire Savings Bank , 131 N.H. All such contractual solutions depend on the leverage possessed by and the negotiation savvy of the parties to these arrangements. ” And such a voluntary undertaking is exceedingly rare. Residential owners are usually on the short end here.

Banking 40
article thumbnail

#125:  Pay-if-Paid Clauses and Contractor Default

NH Construction Law

New Hampshire employs the same general rule.) ” 286 A.3d 3d at 1201. Sometimes a nonpaying owner’s claim of breach by the general contractor as an excuse for withholding money is valid, sometimes it isn’t – but either way, the general contractor must decide whether to sue or settle with the owner. .

professionals

Sign Up for our Newsletter

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

article thumbnail

#88   Battle of the Forms: When Is There an Enforceable Contract?

NH Construction Law

When contracts and subcontracts are negotiated, it is common for written drafts and redrafts to circulate between the parties, sometimes with a letter of intent to enter into a contract thrown into the mix, and sometimes with competing forms being used – a proposal or bid on one side, an expansive formal contract on the other.

article thumbnail

#98:  Good Faith Limits on Termination for Convenience

NH Construction Law

A recent New Hampshire Superior Court case applied the covenant to restrict a contractor’s right to terminate a subcontractor “for convenience” – the ultimate exercise of discretion – before the subcontractor even starts work, simply in order to try to obtain a better price.

article thumbnail

FEATURE STORY: Nothing Matters More Than Talent

Buisness Facilities Contributed Content

New Hampshire currently offers several workforce training programs that address both individual needs and employer needs. New Hampshire employers needing new hires can utilize a program that reimburses up to 90% of a new employee’s training wages. NH Picks Up Training Cost.

article thumbnail

Industry Focus: Aerospace Sector Is Flying High Again

Buisness Facilities Contributed Content

The demand for quality employees has pushed firms to prioritize previously overlooked locations, such as Southern New Hampshire and the city of Rochester, one of the state’s largest and most welcoming cities for business. New Hampshire is a recognized value leader when it comes to state and local taxes.

article thumbnail

FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

The local economic development office for Rochester, NH led the Recruitment Team for the project, and persevered during a two year selection and negotiation process, managing a complex package of deliverables. New England U.S. Great Lakes U.S. - Mid Atlantic U.S. - Plains U.S. Rocky Mountains U.S. Southeast U.S.

El Paso 106