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The Startup Construction Business Checklist: 3 Important Documents You Need to Have

Construction Marketing

This article outlines three important documents that you’ll need in order to start and run a profitable business. A construction business needs need public liability insurance , and employers’ liability insurance if you employ staff. Legal Documents. Business Plan. A business plan is vital for a number of reasons.

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What Contractors Need to Know About Surety Bonds

Construction Marketing

Surety bonds are financial guarantees that are issued to ensure the individual or company who obtains the bond will perform work in a legally compliant manner and will avoid fraud and misconduct. Surety – The bonding company that guarantees the principal’s ethical operations and legal compliance by issuing the bond.

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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

“If something goes wrong, liability could hit the GC’s policy, which dilutes liability insurance limits, negatively impacts their claims history, and forces them to deal with a claim that’s not really their fault.”. Medical expenses, property damage, and legal defense costs can grow quickly.

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Is Gravity Part of OSHA’s LOTO Regulation?

FDR Safety

piece fell off the fixture because it wasn’t secured A rigger who pulled a stabilizing pin and an I beam slid off onto his foot A journeyman millwright who was under a 7500 lb. In some cases OSHA is involved and in others, there is a civil suit alleging tort liability. As part of your documented training, remind them… GRAVITY WINS.

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Is Gravity Part of OSHA’s LOTO Regulation?

FDR Safety

piece fell off the fixture because it wasn’t secured A rigger who pulled a stabilizing pin and an I beam slid off onto his foot A journeyman millwright who was under a 7500 lb. In some cases OSHA is involved and in others, there is a civil suit alleging tort liability. As part of your documented training, remind them… GRAVITY WINS.

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What Is a Certificate of Insurance (COI) for Contractors — and When Do You Need One?

Levelset

If you’re bidding on contract work, you will likely need a COI per terms of a legal agreement. Aside from owners and GCs, a government entity may want to see proof of liability insurance. This party may want a COI to ensure they are protected from liability in the event of a product-related injury or accident.

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4 No-Brainer Workflows with Autodesk Construction Cloud Connect 

Autodesk Construction Cloud

Fortunately, you can overcome these hurdles by using ACC Connect to sync drawings, field reports, and documents in the cloud. And since the information stays in sync, teams know that they can get the documents and information they need in the application they use most. . 2: Project Management. 3: Contract Management. DocuSign .

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