Midwest Construction Law Blog 
Monday, August 30, 2010
How the Decline of Real Estate Development May Affect Your Business
As I predicted in March of 2008, the decline of real estate development would most likely push contractors to the public space. Just today Washington Technology announced that the SBA 's fourth annual scorecard showed an increase in business accorded to small businesses of $96.8 billion. It's surprising to know that it was only $3 billion more than the 2008 awards. Guess we'll have to wait and see how 2010 comes in for this same group.
Posted By:
David C. Seitter
on
Monday, August 30, 2010
Wednesday, August 25, 2010
Why You Need to be Familiar with the OMB Website
Do you know the White House has listed 26 projects at "high risk" which are likely to be elevated from their less than significant status? Check out the Office of Management and Budget website. There may be some business out there for you.
Posted By:
David C. Seitter
on
Wednesday, August 25, 2010
Monday, August 23, 2010
What Type of Entity Gets to Bid First on a Government Contract?
Just in...we know that SBA HUBZone program is given significance by the Federal government and recent cases suggested those entities in HubZones should be given priority. Now another U.S. Court of Federal Claims judge has held that a small businesses in a HUBZone must get first priority to bid on a contract!
Posted By:
David C. Seitter
on
Monday, August 23, 2010
Wednesday, August 18, 2010
Does Chinese Drywall Contain Pollutants?
Insurance coverages being denied for claims against companies that install Chiness Drywall? Well, the insurance companies are stating the drywall contains "pollutants" and are excluded by coverage under the pollution exclusion of the policy.
Posted By:
David C. Seitter
on
Wednesday, August 18, 2010
Tuesday, August 17, 2010
USA Today: Delinquent Construction Loans in the U.S. Reach a Record Level
The Congressional Oversight Panel warned that deteriorating construction loans are hitting banks with bigger losses than any other type of real estate loan. Nearly 17% of all construction loans in the U.S. banking system were classified as noncurrent as of March because they were at least 90 days late or in trouble for some other reason, according to the Federal Deposit Insurance Corp. That compares with fewer than 5.5% of all loans. Read More
Posted By:
David C. Seitter
on
Tuesday, August 17, 2010
Monday, August 16, 2010
Is This Really a Big Deal? Or Just a Deal??
Posted By:
David C. Seitter
on
Monday, August 16, 2010
Monday, August 09, 2010
Can Your Personal Information Become Public Knowledge?
The Supplemental Appropriations Act for fiscal 2010 allows the public access to the Federal Awardee Performance and Integrity Information System (FAPIIS). As a government contractor be aware that information about you is available to the public!
Posted By:
David C. Seitter
on
Monday, August 09, 2010
Thursday, August 05, 2010
Do You Need to Post Information Regarding Joining Unions?
By Presidential Executive Order: Federal Contractors\subcontractors must post in the workplace information regarding employees rights to join and form unions. There are contract size limitations so call your attorney!
Posted By:
David C. Seitter
on
Thursday, August 05, 2010
Monday, August 02, 2010
Why You Should Know Everyone in Your Construction "Food Chain"
"In this difficult time the use of lien waivers and making checks jointly payable is a known opportunity to most owners, general contractors and subcontractors. But it is equally important that EVERYONE in the construction food chain know ALL of the players to a project to make sure no unexpected claims are received..and while you are at it, run a D&B report on them. I can not tell you how many folks in our industry are still not undertaking these steps....do not make it a theory, make it a reality!"
Posted By:
David C. Seitter
on
Monday, August 02, 2010
Monday, August 02, 2010
Is It Time for YOU to Get Out of Defense Contracting?
The east coast elite are announcing that big defense contractors will be getting ready for tough economic times in the government sector. Is it time to get out of defense contracting?
Posted By:
David C. Seitter
on
Monday, August 02, 2010