Remove Agreement Remove Cash Flow Remove Liability Remove Security
article thumbnail

Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

In a way, a surety bond is like insurance; it is a three-part agreement between the contractor, the organization requiring the bond (e.g. This agreement ensures that a contractor will perform all of the duties they agreed to in the bid they placed, abiding by the terms of that government-sanctioned project. General Management.

Cash Flow 168
article thumbnail

New Contractor Business Start Up

Contractor Bookkeeping

General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. No work should ever be performed based on verbal agreements. Put Money In And Take Money Out - Of your business is O.K.

professionals

Sign Up for our Newsletter

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

article thumbnail

Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. No work should ever be performed based on verbal agreements. Put Money In And Take Money Out - Of your business is O.K.

article thumbnail

We Reduce Construction Company Start Up Stress

Contractor Bookkeeping

General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. No work should ever be performed based on verbal agreements. Understand When A Transaction Is Income - And when it is not income.

article thumbnail

8 Main Types of Construction Contracts

Autodesk Construction Cloud

The construction industry uses different kinds of agreements depending on the project’s scope, delivery, schedule, budget, and the parties involved. A construction contract agreement gets everyone involved in a project on the same page. . These agreements limit the cost-risk for the customer. If only it were that simple.

article thumbnail

Pennsylvania Incentives and Workforce Development Guide

Business Facilities

TCC is a statewide economic development organization whose mission is to help increase PA’s technology-based economy through the development of collaborative industry clusters that leverage the region’s world-class assets in advanced electronics, cyber security and robotics.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

If a business entity invests in a qualifying project that meets certain requirements and is approved by the Alabama Department of Revenue, and maintains minimum annual requirements, the company may receive an annual credit against its income tax liability generated from the qualifying project.

Income 108