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COVID-19 Project Impact Liability Remains Confused, Says Consultant Survey

ENR Construction

Turner & Townsend analysis of industry responses say owners are picking up "majority" of liability, but one-third claim project contracts can't properly address pandemic effects; issues raised as U.K. construction growth fell 12.5% last year.

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2022 Job Order Contracting

Job Order Contracting

4BT, founded in 2016, is a certified veteran-owned small business (VOSB), and was founded by JOC program management, technology, and cost data experts with decades of experience with industry sector leading organization including the RS Means Company, LLC, 4Clicks Solutions, LLC, and VFA, Inc. support services. support services.

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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

Going forward there will be a long-term asset offset by a current liability and a long-term liability. Construction Industry CPAs and Consultants (CICPAC) recently released a whitepaper titled: ASC 842 – Implementing Leases – Focus areas for contractors. Visit www.cicpac.com. . Accounting & Finance.

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First-Party vs. Third-Party Insurance: What’s the Difference?

Levelset

Third-party insurance , also known as liability or casualty insurance, protects insured individuals or businesses in situations where they may be liable for damages to another person or business — the third party. The roofer’s general liability insurance covers claims related to injuries related to the customer’s fall.

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Construction Business Owner Blogs

Construction Business Owner

Industry News. Industry Statistics. Committing Intentional Project Communications » Public Exposure and Liability on Construction Sites. This week, I’m pleased to welcome David DeVita, a safety expert with 20 years of experience, from Carolina Safety Consultants. Public Exposure and Liability on Construction Sites.

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4 Tips for Hiring a Reputable Plumbing Contractor

Construction Marketing

You can also consult building contractors because they interact more often with plumbers in their industry. Besides that, if they are insured, you can be sure they will not become a liability in case they suffer an injury in the process of doing their job. Alternatively, you can use the internet to find plumbers near you.

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Closing the Gap Between Buyers and Builders

Pro Builder

For years, we as builders have been trained by industry consultants to think like manufacturers, create a process, and stick to it if we want to be profitable. Third-party contractors: Research + design + renderings + plan stamp/liability. Let’s explore the backend operation to fully understand the impact on our business.