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

Levelset

An assignment of benefits , or AOB, is an agreement to transfer insurance claim rights to a third party. It gives the assignee authority to file and negotiate a claim directly with the insurance company, without involvement from the property owner. The AOB agreements need to be in writing. What is an assignment of benefits?

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Setting up a Job Order Contract Using Best Management Practices

Job Order Contracting

Note: Annual updating of the UPB is recommended) Coefficients proposed by offerors are multiplied times the total of the project estimate developed using the unit prices in the Unit Price Book. d) An indefinite-delivery, indefinite-quantity (task order) contract which provides for the use of negotiated, definitive, bilateral orders (i.e.,

Contract 100
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A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

Levelset

Insuring agreement. Regardless of the policy, the Insuring Agreement is the section that will outline all the insurance company’s responsibilities after a weather event or other covered peril causes damage to a roof or exterior siding, as examples. The Insuring Agreement will give you a detailed list of covered perils.

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A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

Levelset

Insuring agreement. Regardless of the policy, the Insuring Agreement is the section that will outline all the insurance company’s responsibilities after a weather event or other covered peril causes damage to a roof or exterior siding, as examples. The Insuring Agreement will give you a detailed list of covered perils.

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Job Order Contracting Operations Manual

Job Order Contracting

The work management office also completes a desk estimate of the project cost to help determine the best method for executing the work request (in-house shops, competitively bid individual contracts or JOC). items can be compared with the same items in the Owner estimate. A lump-sum owner estimate for a total job is not acceptable.

Contract 100
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Best Practice Job Order Contracting

Job Order Contracting

(a) Job Order Contracting (JOC) is an alternative contracting method to fulfill requirements for sustainment, restoration, and modernization (SRM) projects at installation level (post, camp or station), with an estimated value exceeding $2000 , but not exceeding the amount of SRM authority delegated to the installation by the ACOM and/or HQDA.

Contract 100
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The Best Way for Trade Contractors to Stay Out of the Courtroom

Pro Builder

You can avoid legal trouble by managing client expectations with a simple yet comprehensive contract. A contract doesn’t have to be long and confusing to be effective, practically or legally. From project scope to warranty details, here are the basics of a simple but effective (and legal) contract for specialty trade work. .