Ensuring the language in lien waivers is conditional upon the actual receipt of payment and that the waiver is limited to the extent of payment received have long been the most crucial issues whenever presented with a lien...more
Federal, state and local government projects have various programs designed to maximize contracting opportunities for Disadvantaged Business Enterprises (DBEs). By way of example, United States Department of Transportation...more
Earlier this year, the North Carolina Board for General Contractors adopted a new regulation, 21 NCAC 12.0501, requiring that general contractors’ “license numbers shall be included on all contracts, advertisements, and...more
Contractors, like other businesses, often find it advantageous to assign their accounts in exchange for some other form of consideration from the assignee. What is different about a contractor’s accounts, as compared to most...more
This alert is relevant for contractors who perform construction services on real property in the state of North Carolina. In South Carolina, contractors remain subject to the traditional sales or use tax at the time of all...more