Remove Accounting Remove Construction Remove Liability Remove Security
article thumbnail

Types of Capital for Construction Businesses

Levelset

Construction companies need capital to get off the ground, stay in business, and keep growing. Several different types of capital — working capital , debt capital , and equity capital — are common in the construction industry. Construction companies need a solid understanding of capital to run a successful business. .

Debt 97
article thumbnail

Construction in Winter: Safety Tips to Know

Safety Services Company

As temperatures drop, the risks for contractors and construction workers multiply, from cold stress-related ailments to hazardous working conditions. Let’s explore key hazards and essential safety tips to navigate construction in the winter.

Safety 81
professionals

Sign Up for our Newsletter

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

article thumbnail

Is Your Construction Team Prepared for Cyber Risks?

Pro Builder

Is Your Construction Team Prepared for Cyber Risks? A cyber loss involving employee and customer information can affect any business, and your construction team is no exception. Malicious cyberattacks could impact project designs, bid data, and security system information involved in architectural proposals.

Risk 92
article thumbnail

Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

For one thing, circumstances can change quickly in today’s uncertain construction industry. Formula: (Cash and Cash Equivalents + Marketable Securities + Accounts Receivables) / Current Liabilities . Formula: Current Assets / Liabilities . Accounts Receivable Turnover . Current Ratio . Debt-to-Equity .

Safety 94
article thumbnail

Safety First, Bidding Next: How Safety & Compliance Wins Contracts

Safety Services Company

Two contractors working for a construction firm bid for projects in the same city —we’ll call them Mark and Bob. How Your Safety Record Can Edge Out Competition What can set your construction company apart when project qualifications appear equal when bidding for projects? Consider this! Here’s where things change.

Safety 110
article thumbnail

Construction Law: March 2024

Construction Law

Editor Nick Barrett says a Public Accounts Committee report on HS2 provides little cheer to anyone hoping that the UK could somehow successfully deliver infrastructure investment on the scale highlighted recently as essential by the National Infrastructure Commission. Speed might however introduce commercial and legal risks, they warn.

article thumbnail

#91:  Liability Insurance for a Subcontractor's Defective Work

NH Construction Law

“May unintentionally faulty subcontractor work that damages an insured’s work product constitute an ‘accident’ under a commercial general liability insurance policy?” But what makes Skanska interesting is that the court took pains to distance itself from an earlier Michigan decision, Hawkeye-Security Ins.