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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

The Impact of ASC 842 – The New Lease Standard Is Here. It is time for contractors to get serious about the new accounting lease standard. 02 ASC 842 Leases, the new lease accounting standard issued by the Financial Accounting Standards Board (FASB). All my leases are related party.”. Greg Ragsdale.

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Release the Lease

Construction Law Monitor

Just recently here at Wolfe Law Group , I had a client come to me with some ownership issues involving leases. Typically after a construction project is complete, especially in the commercial realm, there will be a lease of some type. The Louisiana Civil Code has an entire section on leases which starts with article 2668.

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Five Benefits of Inspection Reporting Software

Lets Build

How often have you cursed your company’s filing systems while hunting fruitlessly through online directories or paper filing systems in search of a document? Inspection reporting software provides a unified home for any property-related documentation , combining contemporary and historic reports in a single location.

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On the 25th Anniversary of Lead Based Paint Disclosures

Green Building Law Update

In 2018 there were 2,049 children in Maryland alone, reported to have at lease 5 micrograms of lead per deciliter of blood. No level of lead exposure is considered safe. Federal law requires that before being obligated under a contract to buy housing built prior to 1978 (.

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FSRM – Facilities Sustainment, Restoration, and Modification

Job Order Contracting

It does not include environmental compliance costs, facility leases, or other tasks associated with scheduled adjustments and inspections, preventive maintenance tasks, and emergency response and service calls for minor repairs. Defined documentation and approvals for all project phases. #3. Process requirements include: #1.

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DOE Releases Green Lease Website, and More Musings on the Split Incentive "Problem"

Green Building Law Blog

The Department of Energy and several interesting partners (both BOMA and NRDC, for example) have launched a website consolidating green lease resources. A number of public agency versions of leases, as well as some guidance documents are included. Energy costs represent about $1 per square foot, in a $150+ per square foot lease.

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Construction Business Owner Blogs

Construction Business Owner

All businesses that purchase, finance, and/or lease less than $2 million in new or used business equipment during tax year 2011 should qualify for the Section 179 Deduction. document management. Good on new and used equipment, including software. 2011 Limit on equipment purchases – $2 Million Dollars (up from $800k previously).