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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.

Safety 110
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Advancing Healthcare: Medical Office Buildings at the Forefront of Access and Safety

BD+C

By all accounts, this is a better way to practice medicine—more economical for healthcare systems, more efficient and effective for practitioners, and easier and more convenient for patients. MOBs present an opportunity to achieve these goals, simultaneously producing new efficiencies and trimming overhead expenses.

Office 91
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4 Factors Underwriters Consider When Issuing a Construction Bond

Levelset

However, larger projects come with greater risks and additional challenges. Large, multi-year projects are also more likely to face risks from potential economic changes, supply chain issues, and other unforeseen pressures that can threaten them. Next, subtract the sum of your accounts payable, short-term debts owed, and over-billings.

Risk 52
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Job Order Contracting - Untitled Article

Job Order Contracting

According to the Government Accountability Office, the GSA owns and leases over 376.9 As a result, the impact of lack of proper funding and management at the GSA presents staggering liabilities. Since 2003, federal real property was noted as “high risk” by the GAO. Agencies provide full year costs.

Leases 100
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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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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.

Debt 97
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What Happens When You Don’t Wear PPE?

Work Gearz

In places where hazardous chemicals are present, respiratory protection is essential. The first is the risk to all workers’ health and safety, and the second is the legal consequences if an accident occurs. Workplace injuries can happen- Injury risk is substantially increased by poor PPE compliance.

Injury 52