article thumbnail

Path Cleared To Decommissioning And Site Restoration Of Vermont Yankee

Buisness Facilities Contributed Content

The NRC issued Vermont Yankee its operating license on March 21, 1972. “Vermonters know that I worked for many years to meet the promise made to Vermont when it was constructed that the plant be closed on schedule in 2012,” Gov. Posted by Heidi Schwartz . Principal Photography by Larry Keyes and Dan Marx.).

Vermont 47
article thumbnail

Payment of Retainage with “conditions attached” Deemed Non-Payment

Best Practices Construction Law

The Supreme Court of Vermont recently held that the conditions attached to a contractor’s payment of retainage to a subcontractor violated the state’s Prompt Pay Act. That violation was later cured by the general contractor when it confirmed that negotiation of the check would not affect the subcontractor’s rights.

Vermont 54
professionals

Sign Up for our Newsletter

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

article thumbnail

Environmental Regulations in Construction: What Contractors Need to Know

Levelset

A construction company that is considered a PRP will need to negotiate a settlement agreement with the EPA. For example, Vermont law ( 10 V.S.A. Catellus Development Corp. , a contractor can be liable even when they move contaminated soil to an uncontaminated area of the same jobsite. Endangered Species Act.

article thumbnail

COVER STORY: 2013 Business Facilities Rankings Report – State Rankings

Buisness Facilities Contributed Content

The first was not unexpected, although China’s lead in developing alternative energy is expected to shrink as its ability to spur solar panel production is eliminated by trade negotiators enforcing a WTO decision citing China for subsidizing its industry. in nearly 30 years.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

The terms are negotiated specific to each firm’s individual needs and situation with a maximum limit of 3% of Capital Expenditures. High Impact Performance Incentive: A negotiated grant used to attract and grow major high impact facilities in Florida. For more information visit [link] or contact Bernice Whaley , Deputy Director.

Income 108
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Lenders negotiate their own fees and the USDA charges 2 percent of the guaranteed amount as a one-time fee. HIGH IMPACT PERFORMANCE INCENTIVE GRANT (HIPI): A negotiated grant provided to pre-approved applicants in certain high-impact sectors designated by the Governor’s Office of Tourism, Trade and Economic Development (OTTED).

Income 75