article thumbnail

Sparks agree 7% wage increase from 2024

Construction Enquirer

Electricians are set for a 7% wage rise from 2024 after a new pay deal was hammered out by electrical contractors and union Unite under the JIB collective agreement. The two-year deal for the industry also includes a 5% uptick in rates from 2025.

article thumbnail

Assignment of Benefits for Contractors: Pros & Cons of Accepting an AOB

Levelset

When a property owner files an insurance claim to cover a restoration or roofing project, the owner typically deals directly with the insurance company. They may not have the funds available to pay the contractor out of pocket, so they’re counting on that insurance check to cover the construction costs.

professionals

Sign Up for our Newsletter

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

article thumbnail

4 Tips For Choosing The Right HVAC Contractor

Construction Marketing

Insurance: It’s also crucial to ask your prospective contractor if they carry insurance coverage that protects you from their misconduct, accidents, and agreement errors. . By doing this, you’ll know which one offers quality HVAC services at a reasonable price and select the best deal among the choices.

article thumbnail

How to Manage Compliance for Construction Success

Viewpoint Construction Technology

Common regulations in the construction industry include: Contractual agreements between owners, contractors and subcontractors. Insurance and bonding requirements. Wage and union payroll agreements. Building codes , insurance requirements and bonding requirements can vary by location, though. Building codes.

article thumbnail

HUB's Raymond Monteith Offers Expert Advice for Reducing ?Risk of Cyberattacks

Pro Builder

So investigate with your vendors, the electronics companies you deal with, and see if there is any kind of program that may be available where you can contribute your expired hardware and technology. PB: What's your recommendation concerning a construction company getting insurance protection against cyber incidents? .

Risk 97
article thumbnail

#88   Battle of the Forms: When Is There an Enforceable Contract?

NH Construction Law

A few weeks later Annex sent Skyrise a six-page “Agreement Between Contractor and Subcontractor,” containing the general parameters of the agreement, along with a fourteen-page Exhibit A labeled “Subcontract General Conditions” detailing subjects such as timing, payment terms, insurance, modifications, and dispute resolution.

article thumbnail

Legal Documents Required for Purchase of Property

CivilJungle

Sale Agreement. The sale agreement documents carry all crucial facts about the land ownership and the customer and dealer. Only after the sale agreement can we tell the sale of custody becomes finished. Mother Agreement. Sale agreement: This document lists all kind of information about the property ? Deed or title.