Remove 2008 Remove Banking Remove Change Orders Remove Liability
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Construction Business Owner Blogs

Construction Business Owner

Bank lines of credit are lifelines for many contractors, yet convincing a bank to provide or renegotiate a line of credit is not easy. Building your case beforehand can certainly help and makes you look better in the eyes of the bank. Crunch the numbers – Banks like proactive business owners. Projected future earnings.

Banking 120
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Construction Business Owner Blogs

Construction Business Owner

Some Advice on Change Orders » A Change (Order) for the Better? When clients ask me about change orders, I’m reminded of a well-circulated photo. The yacht is named “Change Order.” Discussion about change order difficulties tends to be one of two types.

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Construction Business Owner Blogs

Construction Business Owner

It got me to thinking not only about how poorly managed large companies within an industry of that size and importance must be in order to collapse like it did, but also what makes something “Too big to fail”? Mr. Rattner discussed the stress tests given by the Treasury Department to large banks that were receiving TARP funds.

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Construction Business Owner Blogs

Construction Business Owner

For example, banks and other financial institutions put in stronger measures than many other industries. He noted, though, that while almost all banks protect secure transactions through the common HTTPS encryption, most of the security measures are implemented on the back end with multiple networks, firewalls, and layers of encryption.

Security 120
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Construction Business Owner Blogs

Construction Business Owner

Does an electrical raceway run through a duct bank? Public Exposure and Liability on Construction Sites. December 2008. November 2008. October 2008. September 2008. August 2008. change orders. BIM & Pre-Fabrication. BIM also allows construction to act more like manufacturing.

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Construction Business Owner Blogs

Construction Business Owner

The trouble is that banks often don’t have the capital cushion to foreclose on large properties and take the hit against their lending limit. home values posted their largest quarter-over-quarter decline since Q4 2008, falling 3 percent. Public Exposure and Liability on Construction Sites. December 2008. November 2008.

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Construction Business Owner Blogs

Construction Business Owner

The trouble is that banks often don’t have the capital cushion to foreclose on large properties and take the hit against their lending limit. home values posted their largest quarter-over-quarter decline since Q4 2008, falling 3 percent. Public Exposure and Liability on Construction Sites. December 2008. November 2008.