Remove Accounting Remove Insurance Remove Overhead Remove Products
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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. Like a basic construction agreement, you can upgrade or downgrade your insurance policy just as a customer might do with the fit and finish of a building. What is an insurance endorsement? How insurance endorsements work.

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8 essential steps for effective project cost estimation and budgeting

Fieldwire

Although almost any product has a budget-friendly option, finer materials contribute to functionality , aesthetics, safety and longevity. Calculate labor costs Labor costs include worker wages, taxes, insurance premiums, retirement contributions, vacation and sick leaves, and union dues. Quality must take priority over price.

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Job Costing Accounting Vs. Regular Accounting

Contractor Bookkeeping

There is some confusion about the differences between job costing accounting and regular accounting which leads some contractors to believe they can get what they need from any bookkeeper and the cheaper the better. Two Basic Types Of Accounting. #1 Tax Accountants are good people and have a place in the accounting world.

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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. Struck-by : Building materials being unloaded overhead by cranes or booms frequently result in struck-by incidents. Modern tools of the trade can help productivity and reduce body strain that can lead to musculoskeletal injuries.

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Construction Estimating

Chianelli Estimating

Recently Contractors and Owners have found that Outsource Estimating is becoming a practical way to cut overhead. They do not have the burden of carrying costs like workmen’s compensation, general liability insurance, unemployment related costs, vacations or sick days, etc.

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Construction Bookkeeping Unique Features

Contractor Bookkeeping

All Accounting Uses The Accounting Equation. Regular Bookkeeping - Is roughly 80% of all accounting for businesses in the world. This Type Of Bookkeeping Is Used - Where customers comes to the place of business or at most you ship or deliver a packaged product. Expenses - Overhead required to maintain business operations.

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Army Job Order Contracts FAIL to meet AFARS requirements MOST OF THE TIME

Job Order Contracting

general and administrative and other overhead costs, insurance costs, bonding and alternative payment protection costs, protective clothing, 5117.9002 Applicability. (a) Instead, the Government applies “area cost factors” or “location factors” to attempt to localized the cost information. d) Distribution.

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