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Objective, reliable, and veriable Construction Cost Estimates

Job Order Contracting

Each construction task should be unique and identifed by using a standard data architecture (i.e. Costs must be current, objective, and locally reserached. Both quanitites and costs should be presented in terms of a granular construction task. expanded CSI Masterformat ). #5

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General Liability vs. Professional Liability: What’s the Difference?

Levelset

When it comes to protecting your contracting business from claims and lawsuits, it can be tough to know what type of insurance you should purchase. Liability insurance protects your business against claims for damages caused by you and your workers, if you have any. What are general liability and professional liability insurance?

professionals

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PSMJ Resources Blog: XL Insurance Enters Collaborative.

PSMJ Resources

XL Insurance Enters Collaborative Agreement With PSMJ Resources, Inc. XL Insurance’s Design Professional group, specializing in professional liability insurance for architects and engineers and a part of the global underwriting operations of XL Group (NYSE: XL), and PSMJ, Resources, Inc., skip to main | skip to sidebar.

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Construction Cost Audit Fundamentals

Job Order Contracting

These include soft costs – general conditions, insurance/bonding, fees/permits, as well as direct costs for material, equipment, and labor in elemental CSI MasterFormat data architecture.

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Recent Downturn in Architecture Firm Billings Accelerates

PSMJ Resources

Recent Downturn in Architecture Firm Billings Accelerates. The American Institute of Architects’ Architecture Billings Index declined for the fourth month in a row in July. More firms buying more insurance. Despite the economic downturn, the majority of firms continue of carry some kind of professional liability insurance.

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Commercial Construction Costs – Canada

Job Order Contracting

Architectural and engineering fees • Permits and development charges. Insurance and bond costs • Appraisals. Cost data shown is for construction only and does not include… • Land and related costs • Tenant incentives. Government registered programs • Purchaser upgrades. Legal fees • Soil and environmental tests.

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What You Should Know Before Taking a Construction Loan

Construction Marketing

In addition to meeting traditional borrower standards, the lender will inspect and approve construction timeline estimates, proposed budget, and architectural plans. The construction loan approval process is usually very rigorous, since the loan isn’t secured and doesn’t involve collateral. How to choose a construction loan lender.