A Guide to Subcontractors About Solar Energy Project Tax Credit Obligations
- Legally Speaking
- February 26, 2024
By Karalynn Cromeens, Cromeens Law Firm, PLLC The definition of innovation is the improvement of an existing method or process. Businesses innovate when they fix things that are not working. Unfortunately, this means if you want continued innovation in your business, it only comes from pain, realizing where the pain is, and really digging in
READ MOREBy: Benjamin Lajoie, McGlinchey Stafford PLLC Disputes between contractors, subcontractors and/or owners are relatively common in the construction industry. Although you should not appear over-eager in rushing into a settlement to avoid the time, costs, and stress that comes with protracted litigation, when settlement appears likely and in your company’s best interests, full attention to
READ MOREWith effective negotiations, preparation, and performance, contractors and subcontractors can ensure they meet owners’ requirements to secure available tax credits for solar energy system construction projects.
READ MOREBy Brian C. Padove and John E. Sebastian, Watt Tieder Hoffar & Fitzgerald, LLP The construction industry has an unfortunate notorious reputation of being resistant to adopting new technological changes while other industries (finance, healthcare, etc.) rapidly embrace digital transformations. While dealing with this reputation, the construction industry, likewise, has been dealing with a decades-long,
READ MOREBy Joseph Kanfer, Woolford Kanfer Law, PC One of the most important things a subcontractor can do to plan ahead is to have a plan to get paid on their projects when their customer does not pay on time. Many subcontractors do not start thinking about what steps they might take to get paid until
READ MOREBen Lowenthal, Hendrick, Phillips, Salzman & Siegel Contractually speaking, subcontractors generally assume the greatest risk and reap the smallest rewards of all participants in any given construction project. To survive and thrive, subcontractors must take all precautions to minimize or control these risks, which include unfair, one-sided contract clauses. Knowing and understanding payment-related contract clauses
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