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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.

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What is Project Loss Insurance?

Levelset

Project loss insurance has the potential to save contractors from devastating project losses, no matter the cause. Project loss insurance, or PLI, is designed to mitigate catastrophic construction project losses. Project loss insurance coverage. How project loss insurance works. How much does project loss insurance cost?

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7 Ways Construction Companies Can Keep Their Workers Safe

Construction Marketing

As an employer, you should ensure that your construction site offers maximum safety and security standards to its workers. Here are critical steps you can undertake to enhance safety at your construction site. Have a safety standards terms of the agreement (TOA). Training your employees on safety measures and equipment.

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All About Site Preparation | What Is Site Preparation | Types of Site Preparation

CivilJungle

What Is Site Preparation? Site preparation affects many works such as destruction of old alive design, the gap of construction sites, below ground benefit and wire checking, place attentive and pismire service before building career begins. Types of Site Preparation. Site Surveying and Layout. Site Clearing.

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Mayer Building Company for Subcontractors: Payment Guide & Resources

Levelset

Taking a closer look at the terms of a typical contract will provide you with important information about insurance, safety, dispute resolution, and more. You’ll need to provide documentation before work starts, apply for progress payments during the project, and apply for your final payment as part of project closeout.

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Subtle (and Not So Subtle) Effects of COVID-19 on the Construction Industry

Constructlaw

One additional outcome of this, that everyone needs to understand from the very beginning of a project, is the need to document everything — absolutely everything. It is easier to be successful in your claim if it is well-documented. This was true before COVID-19, but now is even more critical.

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Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

INSURANCE |. 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.

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