Remove Agreement Remove Documentation Remove Insurance Remove Organization
article thumbnail

What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

When working in construction, your insurance policy gets issued as a fairly standard contract. Like a basic construction agreement, you can upgrade or downgrade your insurance policy just as a customer might do with the fit and finish of a building. What is an insurance endorsement? How insurance endorsements work.

article thumbnail

What Is a Certificate of Insurance (COI) for Contractors — and When Do You Need One?

Levelset

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.

professionals

Sign Up for our Newsletter

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

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

7 Ways Construction Companies Can Keep Their Workers Safe

Construction Marketing

Have a safety standards terms of the agreement (TOA). This information should be included in a terms-of-agreement document signed by all workers. Many countries have organs in the construction sector that set standards for all construction companies. Adhere to industry guidelines. For instance, the U.S. Endnote.

article thumbnail

JOC Tutorial #71 – Terms

Job Order Contracting

(a) “Adjustment factor” / “coefficient+ – job order contractor’s competitively bid adjustment to the organizations prices as published in the current unit price book. f) “Job order contractor” – a licensed, bonded, and general liability insured contractor awarded a job order contract. (g)

article thumbnail

Job Order Contract Execution Guide – Sample Template

Job Order Contracting

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. The ORGANIZATION NAME Procurement Authority will authorize a Job Order (JO) for performance of work, or request additional information/changes.

Contract 100
article thumbnail

10 Essential Types of Construction Documents

Autodesk Construction Cloud

Construction documents help keep your projects organized and guide the construction process from start to finish. Having access to these construction documents puts information into the hands of the right people at the right time, so decisions can be made quickly and action can be taken to finish projects on time and within scope. .