Agreement Compensation Documentation Insurance 
Levelset
SEPTEMBER 23, 2022
Luckily, that’s what insurance is for, right? Does a general contractor’s insurance cover their subcontractors’ accidents or mistakes? While there isn’t a cut-and-dry answer to these questions, we’ll take a deeper look into insurance coverage and what happens in these situations. Who is covered by an insurance policy?
Levelset
OCTOBER 20, 2022
Scenarios like these stress the need for an electrician to have insurance coverage in place. Thus, a strong insurance plan helps you rest easier both on and off the job. Why can an electrical contractor use insurance? Insurance policies can help your business cover the costs of both minor and major incidents.
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Levelset
OCTOBER 13, 2022
To help your business remain viable, contractor’s insurance should be a crucial part of your financial strategy. Insurance also puts other parties’ minds at ease when they want to hire you as a specialty contractor. A certificate of insurance (COI) is a valid form used to prove that you carry the appropriate insurance policy.
Construction Law Monitor
OCTOBER 19, 2011
There is a lot more involved in acquiring the appropriate permits, licensing and legal documents in order to be granted permission to start. Simply put, surety bonds are a three-party agreement, which consists of an obligee, principal and surety company. Surety bonds are another form of insurance.
Job Order Contracting
FEBRUARY 20, 2018
The following template is provide for sample purposes only and should not be used a legally bidding document without through review and modification by appropriate Owner legal counsel. Architect/Engineer’s Guidelines, Quality Control, and other related documents in effect at. JOB ORDER CONTRACT (JOC) EXECUTION GUIDE. the time of award.
Construction Law Monitor
MARCH 6, 2012
These contracts need to be in writing and include: 1) full agreement between owner and contractor, 2) full name, address and registration number of the contractor, 3) detailed list of work and materials, 4) total to be paid & how the costs will be paid, and 5) finally signatures of all parties. See La R.S. for complete list.
Contractor Bookkeeping
JUNE 20, 2014
Insurance - Is critical to your construction company. 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.
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