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Does GC Insurance Cover Subcontractors?

Levelset

Between miscommunication, the wrong specifications, carelessness, or events out of anyone’s control, things can go wrong, and the damages can be expensive. Luckily, that’s what insurance is for, right? Does a general contractor’s insurance cover their subcontractors’ accidents or mistakes? Who is covered by an insurance policy?

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How to Manage Compliance for Construction Success

Viewpoint Construction Technology

That means they have even more to keep track of in their already busy schedules. Common regulations in the construction industry include: Contractual agreements between owners, contractors and subcontractors. Insurance and bonding requirements. Wage and union payroll agreements. Building codes. Lien requirements.

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International Arbitration Experts Discuss The Impact On The Global Economy

Constructlaw

Mealey’s International Arbitration Report recently asked industry experts and leaders for their thoughts on what events had an impact on global economy that have led to an increase in filings. Mealey’s: What, if any, events had an impact on the global economy that have led to increased filings? All rights reserved.].

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Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Insurance - Is critical to your construction company. Talk to an insurance agent that understands construction about your insurance needs.

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New Contractor Business Start Up

Contractor Bookkeeping

We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Insurance - Is critical to your construction company. Talk to an insurance agent that understands construction about your insurance needs.

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We Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Get Organized - We strongly recommend a Subchapter S-Corp for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Insurance - Is critical to your construction company. Talk to an insurance agent that understands construction about your insurance needs.

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Common Types of Construction Contracts And Their Use

cnstrctr

Contractors and owners are used to working under this type of agreement. A construction management contract is an agreement between an owner and a contractor that allows the contractor to take a leadership role on the project. In the event that the overall project over runs the budget the owner is responsible.