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New Legal Guide and Resource For Your Construction Business

Construction Marketing

Business licenses or permits. Bylaws and operating agreements. Business contracts and agreements. Financial matters (bank accounts, taxation, insurance, collections). Marketing, advertising, and social media. Protecting data and intellectual property. Corporate record-keeping and compliance.

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What Contractors Need to Know About Surety Bonds

Construction Marketing

If the principal’s bond application is approved, the surety company will require the principal to sign an indemnity agreement before it will issue the bond. The indemnity agreement provides that the principal will hold the surety harmless if a claim is filed against the bond. Are Surety Bonds Insurance?

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JOC Tutorial #71 – Terms

Job Order Contracting

f) “Job order contractor” – a licensed, bonded, and general liability insured contractor awarded a job order contract. (g) j) “Project labor agreement” – an agreement that meets the requirements of applicable regulations. (k)

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What to Know About the “Contract” in General Contracting

Contractor Connection

A contract protects you, your budget, and your property, so make sure to consider the following as you negotiate your agreement: Licensing. While the contractor’s proof of insurance documents may not be attached to the contract itself, you can request that his or her insurance details are stated in the contract.

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Indemnification Clause in Construction Contract was Expensive for Contractor

Construction Lawyer

There was an indemnification provision in the contractor/subcontractor agreement that read as follows: A. To the greatest extent permitted by law, [SJ] shall indemnify, defend, save and hold the Owner [281 Broadway]. At the very least, such a provision should be reviewed by the appropriate insurance carrier for advice.

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

Constructlaw

Video conferences eliminate travel time and permit people to participate who would normally not be able to meet in person, due to distance or other commitments. Health Insurance and Paid/Unpaid Medical or Family Leave: Local, state and federal responses to the pandemic have impacted the health care and leave benefits provided to workers.

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Top Five Surety Bond Misconceptions

Construction Law Monitor

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.