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CivilStruct

11/09/10 12:12 PM

#78528 RE: powerofthepenny #78527

I don't know for sure, but the warning was essentially against doing a day's worth of work, then abandoning the equipment for a few weeks, perhaps while obtaining various things like financing, permits, etc. It needs to be part of ongoing work. So from that, I take it to mean that, other than taking a few days off for holidays, bad weather days (but not the whole winter), and maybe a few slow/dead days for scheduling, they need to have more than just an order.

That being said, if the ongoing work follows the order, then I suppose that might be sufficient.

All this is IMO, so please don't quote me on it.

purplemountain

11/09/10 12:30 PM

#78529 RE: powerofthepenny #78527

An irrevocable order (i.e., can't be cancelled, to avoid game playing) equal to 5% or more of the vale of the facility would qualify them for the ITC, even if the construction of that item is conducted off-site (i.e., at a factory that makes wood handling conveyors, or whatever).