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Business Interruption Insurance in Construction: What Contractors Need to Know

Levelset

Whether it’s the risk of an unexpected accident or a project running over schedule and costing you money, there are many things that can go wrong. One way to help protect yourself from some of these perils is by having business interruption insurance for construction. What does business interruption insurance cover ?

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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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8 essential steps for effective project cost estimation and budgeting

Fieldwire

CONSTRUCTION SCHEDULING SOFTWARE Easy construction project scheduling with Fieldwire Learn more → 2. Calculate labor costs Labor costs include worker wages, taxes, insurance premiums, retirement contributions, vacation and sick leaves, and union dues. Biting off more than you can chew can put you in a bad light.

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The pros and cons of becoming a subcontractor

Fieldwire

If you decide to start your own subcontracting business, you’ll be able to reap many of the most significant benefits of working as a general contractor — like greater flexibility in job hours and scheduling. You’ll need to purchase your own health insurance and you won’t receive paid sick or vacation days. Schedule a Demo

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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. Insurance and bonding requirements. Building codes , insurance requirements and bonding requirements can vary by location, though. These days, many contractors are faced with managing larger, more complex projects on a regular basis. Building codes.

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Viewpoint: The Case for Neutral, Third-Party Schedulers | ENR.

ENR Construction

Survey Schedule. Viewpoint: The Case for Neutral, Third-Party Schedulers. I was recently asked to participate in a debate on scheduling specifications at Stanford University. A representative from the contractor sponsoring the conference would take the position that most scheduling specifications were onerous or unnecessary.

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How to Successfully Plan the Risks Going Into a Construction Project

Fieldwire

Construction projects are prone to failure when things have gone pear-shaped - that is to say, risk events that have materialized, threatening project deliverables. Schedule Demo. Sam Meenasian is the Operations Director of USA Business Insurance and BISU Insurance and an expert in commercial lines insurance products.

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