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Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

In a way, a surety bond is like insurance; it is a three-part agreement between the contractor, the organization requiring the bond (e.g. This agreement ensures that a contractor will perform all of the duties they agreed to in the bid they placed, abiding by the terms of that government-sanctioned project. So how do you get bonded?

Cash Flow 168
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Common Law Analysis – Pay-if-paid, Pay-when-paid & Liquidating Agreements in Construction Contracts

Construction Law Monitor

Liquidating Agreement. Another technical term that is not often discussed in construction, yet is present in many construction contracts is the mechanism know as a “liquidating agreement” Sloan pg 16. Do not confuse a liquidating agreement with liquidated damages. Brennan’s The Construction Contracts Book.

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Service Agreements Can Improve Contractors Cash Flow And Profits

Contractor Bookkeeping

Why Sell Service Agreements? Service agreement holders are more likely to be clients that add more value to your construction company because they represent the most loyal segment of your customer base. Every service agreement customer represents a future work. Every service agreement customer represents a future work.

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constructionattorneyblog: Limitation of Liability in new AIA Document

Construction Lawyer

Sabo & Zahn LLC is an Illinois Limited Liability Company. You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. You should consult an attorney licensed in your jurisdiction before using any of the information contained at this site. . Here it is: § 8.1.3

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constructionattorneyblog: Liability for green design

Construction Lawyer

Sabo & Zahn LLC is an Illinois Limited Liability Company. You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. You should consult an attorney licensed in your jurisdiction before using any of the information contained at this site. . Categories. arbitration.

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JOC Tutorial #71 – Terms

Job Order Contracting

f) “Job order contractor” – a licensed, bonded, and general liability insured contractor awarded a job order contract. (g) j) “Project labor agreement” – an agreement that meets the requirements of applicable regulations. (k)

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constructionattorneyblog: Indemnity Agreement

Construction Lawyer

Sabo & Zahn LLC is an Illinois Limited Liability Company. You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. You should consult an attorney licensed in your jurisdiction before using any of the information contained at this site. Indemnity Agreement.