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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 . Formula: Total Liabilities / Total Assets

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Types of Capital for Construction Businesses

Levelset

Several different types of capital — working capital , debt capital , and equity capital — are common in the construction industry. For most businesses, working capital will be front of mind, but debt capital and equity capital serve important purposes as well. Equity capital. 3 types of capital for construction. Learn More.

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Landmark Contractor Licensing Case Limits Disgorgement Remedy in California

Construction and Infrastructure Law

The basis for the first holding is that disgorgement is both a liability created by statute and a penalty, and therefore falls under Code of Civil Procedure Section 340(a), a one year statute of limitations. Not all owners will bring a disgorgement action against an unlicensed contractor who performed a project well.

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Contractor Bookkeeping Vs. Regular Bookkeeping

Contractor Bookkeeping

Business Owners - Need three basic reports, Cash, Profit and Equity. Assets - Liabilities) = Equity. The Inevitable Result Is - The contractor makes bad decisions on what to bid and not to bid on and eventually runs out of time and money. All Bookkeeping Methods Share The Same Accounting Equations. Cash On Hand.

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Contractor Accounting Vs. Regular Accounting

Contractor Bookkeeping

Business Owners - Need three basic reports, Cash, Profit and Equity. Assets - Liabilities) = Equity. The Inevitable Result Is - The contractor makes bad decisions on what to bid and not to bid on and eventually runs out of time and money. All Accounting Methods Share The Same Accounting Equations. Cash On Hand.

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Landmark Contractor Licensing Case Limits Disgorgement Remedy in California

Construction and Infrastructure Law

The basis for the first holding is that disgorgement is both a liability created by statute and a penalty, and therefore falls under Code of Civil Procedure Section 340(a), a one year statute of limitations. Not all owners will bring a disgorgement action against an unlicensed contractor who performed a project well.

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Construction Bookkeeping Unique Features

Contractor Bookkeeping

Business Owners - Need three basic reports, Cash, Profit and Equity. Assets - Liabilities) = Equity. -. Chart of Accounts Insurance Liability. Chart of Accounts Insurance Liability. Chart of Accounts Payroll Tax Liabilities. Chart of Accounts Payroll Tax Liabilities. Cash On Hand.