Sentences with phrase «construction contracts required»

Most commercial construction contracts require mediation.
For example, in TM Delmarva Power v. NCP of Virginia, the Supreme Court of Virginia held that the parties» use of the word «may» in the dispute resolution provisions of their construction contract required mandatory participation in arbitration at the election of one of the parties.

Not exact matches

In Detroit, many businesses funded by Chase - backed EOCFs have been focused on contracting and construction — industries that generate middle - wage jobs that don't require a college education.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
Between architect and contract fees, carpeting, painting, lighting, construction labor, networking infrastructure furniture, office personnel, upgrades, maintenance and the dozens of other expenses required to get off the ground, the startup costs associated with traditional office space can amount to $ 50,000.
According to the two former Daewoo executives, a reorganization of Daewoo after its bankruptcy required revisions in the Trump contract, but the Trump Organization still remains allied with Daewoo Engineering and Construction.
The unexpended balance of each appropriation, less the commitments outstanding at the close of the fiscal year for which it was made, shall lapse at the close of such fiscal year; provided that nothing herein contained shall be construed to require the lapsing of appropriations which may be or are required to be made for an indefinite period or which include state refunds, allocations or grants applicable to said appropriations pursuant to any other provisions of law; and provided further that nothing herein shall be construed to prevent the making of appropriations or contracts for the construction of permanent public improvements or works not to be completed during the fiscal year, or the acquisition of property therefor, or the establishment of bond or capital accounts, sinking funds or reserve funds, and each such appropriation, account or fund shall continue in force until the purpose for which it was made shall have been accomplished or shall have been abandoned by a two thirds vote of the County Legislature.
And whereas the Research Foundation does not require that contracting opportunities be advertised in the State Contract Reporter, the Construction Fund advertises all its contracts there, regardless of size, as well as on its own website.
But Southern Co., the primary developer, is permitted to recapture costs during construction, and another project partner has a «hell or high water» sales contract requiring customers to keep paying down on the project's debt even if the reactors can't be completed.
The risks involved with signing up to construction contracts, and the ongoing complexities arising from academisation plans, require a legal perspective.
Section 2 - 552 provides that, «A contract or purchase order may be awarded for a commodity, service, or construction item without competition when, under regulation or policy, the Purchasing Agent determines, in writing, that there is only one known capable supplier or source for the required commodity, service, or construction item occasioned by the unique nature of the requirement, the supplier or market conditions.»
(a) Any contract in excess of $ 2,500 entered into by any Federal department or agency for the procurement of personal property and nonpersonal services (including construction) for the United States shall contain a provision requiring that, in employing persons to carry out such contract the party contracting with the United States shall take affirmative action to employ and advance in employment qualified handicapped individuals as defined in section 7 (6).
Large prime contractors receiving Federal contract awards valued over $ 700,000 ($ 1.5 million for construction) are required to established plans and goals for subcontracting with small businesses, veteran - owned small businesses, service disabled veteran - owned small businesses, HUBZone small businesses, small disadvantaged businesses and women - owned small business concerns.
This program identifies key work zones that will require an enhanced TMP, with components such as work zone ITS, limited construction hours, night work, lane rental contracting mechanisms, and Traffic Incident Management (TIM) plans.
During the application process, RBFCU will require the borrower to provide a construction contract and schedule along with detailed plans / specs and a proposed budget for the construction project.
Low fixed rate 20 year term No down payment Maximum contract price of $ 200,000 Existing Home construction in a platted subdivision only No mobile, modular, manufactured, log homes or metal constructed homes Owner occupied only Real Estate must be in Oklahoma No Private Mortgage Insurance (PMI) required.
A contract is required with the new general contractor, and the existing Contractor's Verified Statement would need to be updated before Construction Loan disbursements are resumed.
Line 22: Long - term contracts: Long - term construction contractors are generally required to use the percentage of completion method of accounting for long - term contract revenue, rather than the completed - contract method.
Approval for a construction loan often requires plans, permits and a fixed - price building contract.
Self - motivated and able to work on his / her own Ability to multitask and prioritize responsibilities Strong organizational skills Strong attention to detail Knowledge of Microsoft Office — Word, Excel, and Outlook Desire to continuously improve processes Strong ability to follow directions Experience with the general contracting or construction field is preferred, but not required.
The exhibition's title, «Time and Materials (and Overhead)», is a common type of construction contract which requires payment on exactly these terms: the cost of time (labor - hours) and of materials the two basic necessities for physical creation of any kind.
King County construction contracts contain standard general terms and conditions, which require contractors to submit claim notices and documentation within specified timeframes.
The construction team has advised clients extensively on Building Information Modelling (BIM) and incorporation of BIM protocols and obligations into construction contracts, appointments and supply chain contracts following the Government's statement requiring fully collaborative 3D BIM for public sector projects as a minimum by 2016.
We advise on and negotiate major strategic alliancing contracts for long - term regeneration projects and sustainable development involving major housing association groups, the university sector, local authorities, developers and other stakeholders, requiring construction contract packages incorporating complex financial models, land transactions and termination provisions for programmes covering multiple sites.
Whilst the case does not in fact establish any new case law, it serves as a compelling reminder that the mutual trust and cooperation obligation does not require parties to act any differently under NEC3 than with other forms of construction contracts and should not be held as an axe to discourage a party in circumstances where it may have a valid claim.
Determining your remedies and your ability to recover compensation requires a thorough and complete analysis of the construction contract and any related documentation.
He has the experience and skill to conduct a thorough construction contract review and take your case to trial if that is what is required to best ensure that your rights and interests are protected.
Our lawyers work with appropriate financial, insurance and engineering advisors to guide our clients throughout the process of bidding, forecasting, planning and execution of contracts within the tight time frames required in the construction field.
Today's construction contracts, more often than not, require that the parties attempt to resolve their disputes through mediation.
Unfortunately, there appears to be no question - and - answer interface for construction contracts, so all documents required for a project must be edited individually.
Nelligan O'Brien Payne LLP's Indigenous Law group services include implementation of land claims agreements, taxation issues, land use and habitat issues, revenue sharing, resource development negotiations, construction contracts, employment matters, residential school claims and many others that may be required by First Nations and Inuit Organizations.
Experience with commercial contract drafting, negotiation, and construction law is a plus, but is not required.
Requiring the adjudicator to consider claims under multiple construction contracts could involve potentially extensive documentary evidence about other contracts.
Authors» view: if the contract contains construction work, and such the contract is legally required to go through the tender process, then without such process, the PPP contract will be invalid.
is a must - read for all involved in construction disputes (whether off - shore windfarms, ships, drilling rigs or other items) under contracts which require compliance with a specification or design whilst including other specified performance criteria.
Acquired skills inventory includes: Construction management Project supervision Budget development Cost containment techniques Contract negotiations Client relations Development and administration of required safety programs...
SENIOR CONTRACTS MANAGER - LOGISTICS HARROW SALARY UP TO # 60,000 DEPENDING ON EXPERIENCE Our client, one of the UK's leading service providers to the construction and recruitment industry, now requires an experienced Senior Contracts Manager to join their Logistics Division based iCONTRACTS MANAGER - LOGISTICS HARROW SALARY UP TO # 60,000 DEPENDING ON EXPERIENCE Our client, one of the UK's leading service providers to the construction and recruitment industry, now requires an experienced Senior Contracts Manager to join their Logistics Division based iContracts Manager to join their Logistics Division based in Harrow.
Shared construction requires a lot of legal contracts to be used to ensure that the capital is not embezzled and that every investor gets his or her fair share of the project.
The case Apex Realty, Inc. v. Schick Realty, Inc., heard Board and arbitrators appeal from interlocutory order of the New Jersey Superior Court (Law Division) requiring them to formulate written findings of fact and conclusions of law regarding their resolution of an issue of contract construction in favor of Apex Realty.
Builders, on the other hand, want more and require buyers to put between 5 - 10 % of the contract price before they will start construction.
The homeowner may then begin construction on any improvements / renovations required by inspections or the purchase contract, and you'll need to get your financial paperwork in order (including preapprovals, letters of intent and offer contract).
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