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Contractors on public projects aren’t allowed to file mechanics liens when payment problems arise, as both the federal and state governments explicitly prohibit private entities from claiming an interest in public property. Even when payment challenges are similar, payment protection is very different between private and public work.
Shop drawings are detailed drawings produced by contractors, suppliers, or manufacturers that illustrate how certain building components will be fabricated and installed. What is a ‘Mechanic’s Lien’? This lien gives them a right to seek payment through the sale of the property.
The story is simple, but incredibly significant, citing a legal case: Goodrich Quality Theaters, Inc. The general contractor and the architect approved the shop drawings, so the fabricators built the girders. This cascade of events led to non payments, and both the steel sub and the HVAC sub filed mechanic’s liens against the project.
SB 1128 builds upon the current sales tax exemption program administered by the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) by including “advanced manufacturing” companies in industries such as biotechnology, computers, appliances, machinery, furniture, fabricated metals and transportation goods.
FOREIGN TRADE ZONES (FTZs): Secured areas legally outside of U.S. The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. The SBA takes a second lien on assets and finances up to 40 percent of the project cost, up to $1 million in some cases. legal services.
The Contractor shall furnish as part of its overhead cost, included in the coefficient, all necessary protective equipment, concrete mixing boxes, water barrels, wheelbarrows, hoes, shovels, tools, mortar boards, ladders, portable scaffolding, shop tools, hand tools, shop equipment, and fabricating items customary to the trade, etc.,
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