Accounting Contractors Liability Security 
Safety Services Company
DECEMBER 1, 2023
Two contractors working for a construction firm bid for projects in the same city —we’ll call them Mark and Bob. Both contractors have operated with their firms for over 15 years, employ qualified workers, and boast high-level capability to take on major commercial jobs. Consider this! Here’s where things change.
Levelset
SEPTEMBER 14, 2022
“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.”. Are subcontractors covered under the general contractor’s insurance?
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Autodesk Construction Cloud
FEBRUARY 25, 2022
Evaluating a subcontractor’s health before awarding work has become more important than ever for general contractors. Formula: (Cash and Cash Equivalents + Marketable Securities + Accounts Receivables) / Current Liabilities . Formula: Current Assets / Liabilities . Accounts Receivable Turnover .
NH Construction Law
JULY 26, 2020
“May unintentionally faulty subcontractor work that damages an insured’s work product constitute an ‘accident’ under a commercial general liability insurance policy?” Mechanical Contractors, Inc. 2020 WL 3527909 (June 29, 2020). 2d 871, 880 (Fla. ”); Lamar Homes, Inc. Mid-Continent Casualty Co. ,
Levelset
SEPTEMBER 20, 2022
Heating, ventilation, and air conditioning (HVAC) contractors must protect their business property while reducing the odds that a job-related accident or injury could financially harm their business. HVAC contractor insurance is the primary way to help protect your financial interest if things go wrong on the job.
Autodesk Construction Cloud
NOVEMBER 15, 2021
The difference between secured and unsecured debts. Karalynn also brought up the tendency of the industry to pass liability down the chain when drawing up contracts. Owners pass on certain risks (contractually) to general contractors, who may do the same thing when hiring specialty contractors.
Contractor Bookkeeping
AUGUST 27, 2014
QuickBooks For Contractors Setup. We Fix Bad QuickBooks For Contractors Setup Issues. Let us handle your QuickBooks setup for your contracting company because accurate QuickBooks contractor reports are what profitable contractors use to help them steer their construction company through the ups and downs of the business cycle.
Expert insights. Personalized for you.
109 
Let's personalize your content