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Factors to Know About Crane and Rigging Insurance

Construction Marketing

Fortunately, crane and rigging insurance provide protection and compensation. However, understanding these insurance policies is key to maximizing your benefits. What is crane and rigging insurance? Other common crane and rigging insurance types include: Boom truck operator insurance.

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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

Business insurance can help mitigate occurrences or disasters that can severely impact or destroy the good standing of your business. Let’s take a look a subcontractor insurance: when it’s needed, what happens if a sub goes uninsured, and what policies subs can use to protect their businesses from risk.

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7 Ways to Improve Construction Site Safety

Levelset

In 2019, the construction industry accounted for about 20% of all work-related fatalities in the U.S. Because this line of work has a greater chance of injury or death than others, contractors must take great care to make sure work zones are safe and workers are protected. . Common jobsite safety risks. Make safety a priority.

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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. . Accounts Receivable Turnover . Formula: Revenue / Accounts Receivable .

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3 Factors to Consider When Starting the Prequalification Process

Safety Services Company

It ensures you meet health and safety standards that safeguard workers, protect the business’s reputation, are environmentally conscious, and minimize accidents. Working with contractor management services can streamline the process, help you set up your accounts, and free up your time so you can focus on what you do best.

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7 Ways Construction Companies Can Keep Their Workers Safe

Construction Marketing

Statistics show that there are over 400 injuries and over 20 fatalities each year related to construction in Ontario alone. As an employer, you should ensure that your construction site offers maximum safety and security standards to its workers. Here are critical steps you can undertake to enhance safety at your construction site.

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Top 8 Construction Health and Safety Hazards — and Ways to Protect Your Jobsite

Levelset

By the same token, many potential situations pose risk to the health and safety of your employees and others working on the jobsite. Hazardous conditions can have both short-term and long-term financial consequences along with the possibility of work-related illness or injury. . Struck-by accidents. Electrocution.

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