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What else can I help you with?
Is there a time limit to sue a home improvement contractor?
No, however many contracts contain a provision outlining a time limit, such as stating, "neither party may sue after two years from the completion of this contract." Check your contract.
What is cash credit limit and bank guarantee limit in contract documents for construction works by contractor?
for the purpose of business working capital bank sanction against property and stock+debtors-credit = cash credit
WHERE you CAN Find the number for the policy insurance for general contractor?
A typical construction contract will require the General Contractor to provide the owner with a Certificate of Insurance. You should be able to find the policy number(s) on the Certificate along with the name of the insurer and limit of coverage provided. Hope this helps.
What is the purpose of performance bond?
A performance bond ensures that a contractor or service provider completes a project according to the contract terms. It acts as a guarantee for the project owner that the work will be finished on time, within budget, and to the specified quality standards. If the contractor fails to meet these obligations, the bond provides financial compensation to the project owner to cover the cost of completing or correcting the work. Performance bonds(Suretegrity®) are commonly used in construction and large-scale projects to mitigate risk and ensure project completion. They provide reassurance and protect against potential financial losses due to non-performance.
What are the exclusion clause?
A term included in a contract that seeks to limit the liability of a party under the contract
What is the age limit for entering a contract in Germany?
200
How long can you be legally separated?
There is no time limit. However, you are legally married until you obtain a legal divorce.
Surety bonding limit types?
Surety bonding limits refer to the maximum amount of coverage a surety bond can provide, and they play a crucial role in defining the scope of financial responsibility in various industries. There are two primary types of bonding limits: single bond limit and aggregate bond limit. Single Bond Limit The single bond limit, also known as the per-project limit, defines the maximum amount of financial coverage for any single project or contract. This limit ensures that the bond can cover specific obligations associated with a single contract. For example, in the construction industry, a contractor may be required to secure a performance bond for a project. The single bond limit would determine the maximum compensation the surety company would provide if the contractor fails to meet the contract terms. This limit is vital for ensuring that the bonded party has the capacity to complete individual contracts without overwhelming financial risk. Aggregate Bond Limit The aggregate bond limit represents the maximum total amount of surety bond coverage a business or individual can have at any given time across all projects. This limit is essential for businesses managing multiple contracts simultaneously. For example, if a contractor is working on several projects, the aggregate limit determines the total liability the surety company is willing to cover. It prevents the contractor from overextending their financial resources. The aggregate limit is typically higher than the single bond limit to account for multiple obligations but still ensures the surety can handle the risk. Importance of Bonding Limits(888.951.8680) Both types of limits are crucial in managing risk and ensuring that contractors or businesses maintain adequate financial backing. Higher limits may require more stringent underwriting criteria, including a review of financial history, credit scores, and industry experience.
How fast can you legally drive in the fast lane?
The speed limit in the fast lane is the same as the speed limit for the rest of the road, which varies depending on the location. It is important to always follow the posted speed limit to drive legally and safely.
What age can you get a MySpace?
Legally, the lower age limit was 13.
Who can legally go over the speed limit?
No one. It is illegal.
How much beer can you bring from Spain to UK?
Legally there is no limit.
