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The Consequences of Overstating Claims Under Colorado’s Public Works Act

Levelset

A recent Colorado Court of Appeals decision offers essential guidance for subcontractors filing claims under the Colorado Public Works Act. The case clarifies what can and cannot be included in a verified statement of claim, particularly concerning delay damages, and highlights the severe consequences of filing an excessive claim.

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SEC Charges Mining Company with Misleading Investors in its ESG Disclosures

Green Building Law Update

a publicly traded Brazilian mining company and one of the world’s largest iron ore producers, with making false and misleading claims about the safety of the Brumadinho dam including through its environmental, social, and governance (ESG) disclosures. Securities and Exchange Commission last month charged Vale S.A.,

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Subcontractors owed £4.6m after Howard Russell collapse

Construction Enquirer

An update on the administration filed at Companies House said the firm was sunk by a combination of rising materials costs, project delays and defect liability claims. It also detailed the level of debts with 208 unsecured creditors left holding unpaid invoices.

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Mechanics Lien and Bond Claims Best Practices

Best Practices Construction Law

Through the years of consulting with folks in the construction industry about mechanics lien and bond claims, I’ve unearthed a set of principles to help navigate the very complicated world of liens. They barely even mentioned that they could file a bond claim, and that this is commonly even referred to as a lien.

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How is Artificial Intelligence Helping Home Buyers?

Pro Builder

Some home selling and lending services like Compass, Zillow, and LoanSnap claim their artificial intelligence (AI) tools can search through millions of documents in seconds to find the right property for buyers and match the perfect loan type to borrowers. How is Artificial Intelligence Helping Home Buyers? Mon, 09/20/2021 - 11:22.

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House builder Lane End owes £12m to suppliers

Construction Enquirer

An update from administrator Quantuma Advisory details debts of £11.8m “The joint administrators will carry out investigations to identify any potential claims which may be brought against parties either connected to or who have past dealings with the company. owed to 412 unsecured creditors left holding unpaid invoices.

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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

FINANCIAL RATIOS: DEBT . Debt Ratio . Debt Ratio measures the extent of a company’s leverage. It can be used to determine the proportion of a company’s assets that are financed by debt. Debt-to-Equity . Debt (Less Cash) to Equity . Formula: Total Liabilities / Total Assets .

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