Levelset
MARCH 21, 2022
Even though the insurance company isn’t your customer, the property owner may be depending on that insurance check to pay for your work. To cover these expenses, restoration contractors need to manage their cash flow to ensure they have enough money in the bank — especially when the insurance company is dragging their feet.
Job Order Contracting
FEBRUARY 20, 2023
Army Job Order Contracts fail to meet critical AFARS requirements most of the time. The J OCPB (JOC Price Book: reflects the current local costs in detail for construction tasks expected to be performed in the geographical area of the base contract with the primary use of developing a detailed line-item price.
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Levelset
OCTOBER 13, 2022
To help your business remain viable, contractor’s insurance should be a crucial part of your financial strategy. Insurance also puts other parties’ minds at ease when they want to hire you as a specialty contractor. A certificate of insurance (COI) is a valid form used to prove that you carry the appropriate insurance policy.
Job Order Contracting
DECEMBER 20, 2017
Job Order Contracting Training Note – JOC Coefficient. The post Job Order Contracting Training Note – JOC Coefficient appeared first on 4BT. A JOC coefficient is a factor, typically ranging from 0.80 The items to be considered when a contractor creates a JOC coefficient vary according to the specific JOC Program.
Levelset
FEBRUARY 3, 2023
One of the most significant challenges during that time was the lack of financing for commercial construction companies. That’s why we’ve built Materials Financing to empower you to buy materials now and pay for them later with up to 120-day payment terms.
cnstrctr
JANUARY 4, 2020
A construction contract is a tool that you can use to help outline these requirements. What exactly is a construction contract, how can it be used and what are the different types? A construction contract is a document that outlines the roles and responsibilities between two or more parties on a project. Lump Sum Contracts.
Job Order Contracting
MARCH 29, 2017
Best Practice Job Order Contracting. The DOD has long been recognized as the leader in best practice job order contracting. Thus while County, State, and Local Governments in general have a ways to go in deploying Best Practice Job Order Contracting, the potential benefit are certainly worth the effort. Note that for.
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