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For example, on the Nov. 5 ballot, Issaquah voters were asked to approve a $642.3 million School Modernization and Construction Bond. About 50.08% of voters approved the measure, short of the 60% ...
Qualified School Construction Bonds (QSCB) are a U.S. debt instrument created by Section 1521 of the American Recovery and Reinvestment Act of 2009.The Tax Cuts and Jobs Act of 2017 eliminated QSCB issuances as of January 1, 2018, rendering any unissued allocation void, although all previously issued QSCBs remain valid as long as they are not reissued. [1]
Benefits of Municipal Bonds. Perhaps the most significant advantage of municipal bonds or “munis” is the tax-free interest they generate. As mentioned above, municipal bonds can also be exempt ...
Build America Mutual Assurance Company (stylized as Build America Mutual or BAM) is a mutual, monoline bond insurer of essential public-purpose U.S. municipal bonds. Since its inception in July 2012, the company has insured more than $65 billion in par amount for more than 3,300 member-issuers.
Construction law builds upon general legal principles and methodologies and incorporates the regulatory framework (including security of payment, planning, environmental and building regulations); contract methodologies and selection (including traditional and alternative forms of contracting); subcontract issues; causes of action, and liability, arising in contract, negligence and on other ...
On the first of the month, Gov. Maura T. Healey filed a $2.8 billion bond bill that trends heavily to supporting the scientific and technical industries in the state, earmarking $1.75 billion to ...
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Usually, a surety bond or surety is a promise by a surety or guarantor to pay one party (the obligee) a certain amount if a second party (the principal) fails to meet some obligation, such as fulfilling the terms of a contract. The surety bond protects the obligee against losses resulting from the principal's failure to meet the obligation.