Remove Lien Remove Negotiation Remove Presentations
article thumbnail

Sports and Construction – Lessons Learned

Construction Law Monitor

In LSU’s case this contractor would have not been successful in negotiating a quality contract that is mutually beneficial to each contracting party. When then end of the project rolled around, there would be no substantial competion filed, no adequate demand for payment , no lien filed or any other tool used to secure payment.

Lien 66
article thumbnail

Litigation Topics for Prime / Subcontractor Contracts

Construction Law Monitor

Here both parties need to negotiate terms to better protect when a dispute arises. There are a number of provisions which could be contained in a prime/subcontractor contract that need to raise a red flag when present and should be negotiated by either party so as to keep the contract from becoming one-sided. Lien Waivers.

professionals

Sign Up for our Newsletter

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

article thumbnail

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

Construction Law Monitor

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. Always consult with an attorney before negotiating contracts in the construction industry no matter how large or small the project. Sloan pg 17.

article thumbnail

Contracts: What to Look Out for

Help Everybody Everyday

Principals of both Subcontractors and Suppliers should review this checklist when reviewing contracts presented to them by “upstream” companies on the project. For example a Subcontractor should look out for these red flags when reviewing a contract presented by the owner of the project or its representative. Deal Breakers.

article thumbnail

North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Applicants can present funding proposals for these categories on a quarterly basis: basic and applied research grants, marketing and utilization grants, farm diversification grants and an agricultural prototype development grant program. This is accomplished through the administration of a grant program.

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

North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Applicants can present funding proposals for these categories on a quarterly basis: basic and applied research grants, marketing and utilization grants, farm diversification grants and an agricultural prototype development grant program. This is accomplished through the administration of a grant program.