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

Safety Services Company

With growing scrutiny on job site dangers and liability concerns, prioritizing safety is crucial in sustaining a competitive edge. A Good Safety Record Presents You as a Lower Risk Liability Contractors frequently operate in risky and hazardous environments. Your safety and compliance track record. Let’s look at why that is.

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How to Effectively Maintain Your Third-Party Auditor Account

Safety Services Company

Insurance Documents: General Liability, Automobile Liability, Limits, Workers’ Compensation, Experience Modification Rates, etc. Keeping your third-party auditor account maintained is crucial to remaining eligible to work with these important Owner Operator companies. You should log into your account at least once a week.

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Financial regulator on trail of Carillion

Construction Law

Headlines about fines levied on the accountants that were supposed to be auditing the accounts of Carillion before its spectacular collapse in 2018 are far from the end of that affair. KPMG admitted its liability for the acts of all the individuals and accepts that those acts amounted to misconduct. But weren’t.

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Types of Capital for Construction Businesses

Levelset

Working capital measures the difference between a construction company’s current assets and current liabilities. Businesses whose assets (like cash, accounts receivable, inventory, or materials) exceed the value of their liabilities (like wages, debts, vendor payments, or overhead costs) have working capital to use to maintain or grow.

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Insurance for HVAC Contractors: What It Covers and Why You Need It

Levelset

Liability insurance will help cover expenses for damage to someone else’s property and/or legal costs if another party decides to file a lawsuit. The contract may ask that each sub carry a liability amount of $2 million, for example. The policy includes two main components that help protect the financial standing of the business.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. CBO magazine and Viewpoint Construction Software are pleased to present the webinar, “Managing Information Overload: Transitioning to a Paperless Environment” on June 21 at 1 p.m. Public Exposure and Liability on Construction Sites. Tags accounting. STRATEGY |.

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Maryland Enacts New Environmental Laws in 2020

Green Building Law Update

The Governor has until the 30th day after presentment to sign or veto bills and given the impact of the coronavirus pandemic any legislation that requires new State spending will no doubt receive heightened scrutiny. The bill also establishes liability protections for MDE and the State.

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