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Following steps to detect and avoid overpayment in construction projects will help keep costs under control for school district construction projects of all sizes.
Last week, the FFIEC issued a Joint Statement on Managing the LIBOR Transition, which highlighted risks associated with the discontinuation of LIBOR as well as supervisory expectations around this transition.
With the release of the “Pandora Papers,” there is renewed attention on transparency in corporate ownership.
On July 29, 2021 the Federal Deposit Insurance Corporation (FDIC) released Answers to Frequently Asked Questions about the Impact of London Interbank Offered Rate (LIBOR) Transitions on Regulatory Capital Instruments.
Both “essential” and “non-essential” businesses are experiencing the impact of COVID-19 on their operations and bottom line. Business owners are looking to their commercial property insurance policy as a means of minimizing or recovering revenue shortfalls by filing COVID business interruption insurance claims, construction claims and other property damage claims related to the pandemic.