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  2. Little Miller Act - Wikipedia

    en.wikipedia.org/wiki/Little_Miller_Act

    Construction in East Village, San Diego. A "Little Miller Act" is a U.S. state statute, based upon the federal Miller Act, that requires prime contractors on state construction projects to post bonds guaranteeing the performance of their contractual duties and/or the payment of their subcontractors and material suppliers.

  3. Small Business Administration - Wikipedia

    en.wikipedia.org/wiki/Small_Business_Administration

    The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction Finance Corporation Liquidation Act" was Title I ...

  4. Schedule of values - Wikipedia

    en.wikipedia.org/wiki/Schedule_of_values

    A Schedule of Values (SOV) is a detailed schedule apportioning the original contract sum and all change orders, among all cost code divisions or portions of the work. The Schedule of Values shall be based on the approved budget or the approved Fixed Price, or GMP, Cost-Plus Contract type as applicable.

  5. SBA 504 Loan - Wikipedia

    en.wikipedia.org/wiki/SBA_504_Loan

    The business owner puts a minimum of 10%, a conventional lender (typically a bank) puts up 50%, and a so-called Certified Development Company (CDC) puts up the remaining 40%. Certified Development Companies [ 3 ] are established under the SBA 504 program as non-profit corporations set up to support economic growth in their local areas.

  6. Independent contracting in the United States - Wikipedia

    en.wikipedia.org/wiki/Independent_contracting_in...

    The distinction between independent contractor and employee is an important one in the United States, as the costs for business owners to maintain employees are significantly higher than the costs associated with hiring independent contractors, due to federal and state requirements for employers to pay FICA (Social Security and Medicare taxes) and unemployment taxes on received income for ...

  7. Miller Act - Wikipedia

    en.wikipedia.org/wiki/Miller_Act

    Construction of the Pentagon, 1942.. The Miller Act (ch. 642, Sec. 1-3, 49 stat. 793,794, codified as amended in Title 40 of the United States Code) [1] requires prime contractors on some government construction contracts to post bonds guaranteeing both the performance of their contractual duties and the payment of their subcontractors and material suppliers.

  8. Fresno program to give unrestricted monthly cash payments to ...

    www.aol.com/fresno-program-unrestricted-monthly...

    The group behind the program raised private funds to launch the “first-of-its-kind” project after losing out on state funds in 2022. Fresno program to give unrestricted monthly cash payments ...

  9. Small Business Act (United States) - Wikipedia

    en.wikipedia.org/wiki/Small_Business_Act_(United...

    The Small Business Act Amendments of 1958 (Pub. L. 85–536, 72 Stat. 384, enacted July 18, 1958) withdrew Title II as part of that act and made it a separate act to be known as the "Small Business Act". Its function was and is to "aid, counsel, assist and protect, insofar as is possible, the interests of small business concerns".

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