Remove Accounting Remove Information Remove Insurance Remove Liability
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What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

When working in construction, your insurance policy gets issued as a fairly standard contract. At the core, you have property coverage for your tools and equipment, along with a liability component that protects your financial assets in case there’s a work-related accident or injury that you may have some responsibility for. .

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Insurance for HVAC Contractors: What It Covers and Why You Need It

Levelset

HVAC contractor insurance is the primary way to help protect your financial interest if things go wrong on the job. This contractor’s insurance solution is typically the most cost-effective means to secure coverage and give you peace of mind. What is HVAC contractor insurance? Who needs HVAC insurance?

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Delrin Joins *ISNetworld®

Safety Services Company

*ISNetworld®, and other organizations such as Veriforce®, ComplyWorks®, and Avetta® , help hiring clients organize contractor management information including: OSHA Logs Modification Rate (EMR) Safety Manuals Proof of Training Liability Insurance And more!

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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

Extracting key ratios from financial statements and safety metrics from OSHA filings allows builders to gauge a subcontractor’s short-term and long-term health — and empower estimators with the data they need to make more informed bidding decisions. . Formula: Current Assets / Liabilities . Accounts Receivable Turnover .

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Amazon Local Services

Construction Marketing

Amazon is trying to better compete with brick-and-mortar stores, which account for 90% of retail sales. Amazon plans on conducting background checks on the businesses and will determine if they have liability insurance. We would like to thank The Wall Street Journal for their informative article on Amazon Local Services.

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How to Effectively Maintain Your Third-Party Auditor Account

Safety Services Company

Most third-party auditors grade contractors based on the following elements: Statistical Information: OSHA 300/A Logs, OH&S Statistics, TRIR, TRF, etc. Insurance Documents: General Liability, Automobile Liability, Limits, Workers’ Compensation, Experience Modification Rates, etc. 1. Monitor. 2. Review.

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Is Your Construction Team Prepared for Cyber Risks?

Pro Builder

A cyber loss involving employee and customer information can affect any business, and your construction team is no exception. Malicious cyberattacks could impact project designs, bid data, and security system information involved in architectural proposals. The account would then divert funds to the criminal instead. .

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