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New Florida Statute Changes Retainage and Prompt Pay Requirements on State and Local Government Construction Projects

Jimerson Firm

On May 25, 2023, Florida Governor Ron DeSantis signed into law Senate Bill 346 (“SB 346”), which makes substantial changes to Florida construction law regarding prompt payment and retainage requirements on contracts between state and local governments and construction contractors on Florida construction projects for these governmental entities.

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Mechanic’s liens and the requirement of an enforceable written contract

Collections Law

A mechanic’s lien is a powerful debt-collection tool for businesses in the construction industry. One of the requirements to file a mechanic’s lien is that you must have a written contract that is enforceable under Massachusetts law. What constitutes a contract for a mechanic’s lien? At Law Offices of Alan M.

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FAR Council Issues Ensuring Adequate COVID-19 Safety Protocols for Federal Contractors Clause

Burr Forman

On September 27, 2021 Burr & Forman published COVID-19 Vaccine Guidance for Federal Contractors , noting that the Federal Acquisition Regulatory Council was to develop a mandatory Federal Acquisition Regulation (“FAR”) clause for new contracts and solicitations over the Simplified Acquisition Threshold (currently $250,000.00).

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How To Obtain a Contractor’s License in Florida

Jimerson Firm

Chapter 489 of the Florida Statutes and the Construction Industry Licensing Board sets forth the requirements for a person to obtain a contractor’s license in Florida, including the necessary application, education, experience, age, financial security, insurance, fees, and examination requirements. What is a Contractor? Solar (Division II).

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They Didn’t Sign the Contract – Do We Still Have a Deal?

Jimerson Firm

It happens more than you would think—to both small, family-owned businesses, and even national corporations—when people come to an agreement regarding a business transaction, only to later find that one or both of the parties failed to sign the contract governing the relationship. Is the contract still enforceable?

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An online company is doing mechanic’s liens for less. Why should I hire you?

Collections Law

A mechanic’s lien gives builders, contractors and some others in the construction industry a collection mechanism that other industries don’t have. With a written contract or documents constituting a written contract, you can place a lien against the property which they improved for unpaid debt. Time is of the essence.

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Construction industry fears rise for firms going bust

UK debt collections

The construction industry is the latest sector to brace itself for a spike in Insolvencies. Data from the Insolvency Service said the amount of firms in the industry failing had risen 25% between October and November last year, with 325 businesses going bust during the period. Less than 10% were from civil engineering.