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Under its contract with the city, the organization maintains and develops the five miles of parks along the Mississippi River in Memphis. The RDC's largest project, the construction of a new dock called Beale Street Landing to be used by cruise ships and other vessels stopping in Memphis, was troubled by constant delays and costs far exceeding ...
A commercial contract is an agreement containing all the work that should be performed for the construction of a commercial building or non-residential building. A skillfully constructed commercial contract can protect both parties' interests, minimize risks, and increase profitability for the contractor.
Other forms of contracts between public and private entities, namely lease contract and management contract (in the water sector often called by the French term affermage), are closely related but differ from a concession in the rights of the operator and its remuneration. A lease gives a company the right to operate and maintain a public ...
Developers 100 N. Main LLC will purchase the entire 2-acre Downtown Memphis property, including the 37-story tower, for $4.5 million. ... that has increased the cost of construction, which is now ...
A community benefits agreement (CBA) in the United States is a contract signed by community groups and a real estate developer that requires the developer to provide specific amenities and/or mitigations to the local community or neighborhood. In exchange, the community groups agree to publicly support the project, or at least not oppose it.
Due to xAI's projected power use, it requires approvals from Memphis Light, Gas and Water (MLGW) and Tennessee Valley Authority (TVA). TVA says no contract in place yet for Elon Musk's xAI project ...
Memphis could move closer to the planned renovations on Simmons Bank Liberty Stadium Tuesday, but a City Council resolution could stand in the way.
The contract was billed as the world's first contract specifically aimed at the management of time in complex construction and engineering projects. [2] The authors also stated that it was the first form to follow the Society of Construction Law Delay and Disruption Protocol, [ 3 ] and that it was also the first standard form contract to cater ...
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