Arkansas Advance Damage Release (Construction)

State:
Multi-State
Control #:
US-OG-903
Format:
Word; 
Rich Text
Instant download

Description

This form is an advance damage release for construction.

How to fill out Advance Damage Release (Construction)?

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FAQ

§ 4-56-104(b), (e). The indemnification shall not exceed any amounts that are greater than that represented by the degree or percentage of negligence or fault attributable to the indemnitors, its agents, representatives, subcontractors, or suppliers. See Ark. Code Ann.

What Are the Penalties for Careless Driving in Arkansas? Careless Driving: up to a $100 fine for a first offense; for a second offense within 6 months up to a $200 fine and up to 60 days driver's license revocation; for a third offense within 6 months up to a $200 fine and up to 6 months driver's license revocation.

(a) It shall be unlawful for any person to drive or operate any vehicle in such a careless manner as to evidence a failure to keep a proper lookout for other traffic, vehicular or otherwise, or in such a manner as to evidence a failure to maintain proper control on the public thoroughfares or private property in the ...

The statute provides that the limitation period shall commence upon substantial completion of an improvement. ingly, actions based on a contract to recover damages must be brought within five years after the date of substantial completion. Ark.

Arkansas courts will uphold liquidated damages provisions where it appears that: (1) the parties contemplated that damages would flow from a failure to perform the contract; (2) such damages would be indeterminate or difficult to ascertain; and (3) the sum bears some reasonable proportion to the damages the parties ...

(A) In the case of a construction contract entered into between a public agency and a contractor who is required to furnish a performance and payment bond, the contractor shall be entitled to payment of ninety-five percent (95%) of the earned progress payments when due, with the public agency retaining five percent (5 ...

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Arkansas Advance Damage Release (Construction)