Remove Accounting Remove Books Remove Documentation Remove Insurance
article thumbnail

What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

When working in construction, your insurance policy gets issued as a fairly standard contract. Like a basic construction agreement, you can upgrade or downgrade your insurance policy just as a customer might do with the fit and finish of a building. What is an insurance endorsement? How insurance endorsements work.

article thumbnail

Considering a Job Order Contract?

Job Order Contracting

All prequalified contractors invited to bid should submit sealed bids based on one or more adjustment factors / coefficients to the unit prices listed in the approved JOC unit price book (UPB). The approved JOC unit price book should be locally researched and organized using CSI Masterformat. no use of economic cost factors).

Contract 205
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Army Job Order Contracts FAIL to meet AFARS requirements MOST OF THE TIME

Job Order Contracting

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. This is a national average cost book that DOES NOT REFLECT LOCAL COSTS. 5117.9001 Definitions.

Contract 226
article thumbnail

House Builders Want Unique Construction Accounting

Contractor Bookkeeping

Builder Accounting begins with a proper QuickBooks setup For Spec Home Builders. Understand to get good, usable information out of any accounting system that they need to be an active participant and code the paperwork. Accountants do not have a crystal ball and or a magic wand…It Is True – Garbage In = Garbage Out.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. INSURANCE |. Accounting & Finance. One of my favorite books is Good to Great by Jim Collins. For instance, Foundation Software’s vision is this: “To provide the best in accounting software and service for the labor intensive contractor.” Tags accounting. accounting software.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. INSURANCE |. Accounting & Finance. I think it is important that business owners never stop learning, so I read a lot of books to further my education on how to make my business the best it can be. We have a very strong payroll module in our construction accounting software FOUNDATION for Windows.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. INSURANCE |. Accounting & Finance. I just finished reading Steven Rattner’s book, Overhaul – An insider’s account of the emergency rescue of the automakers. I learned something from reading this book. Tags accounting. accounting software. document management.