Green Building Law Update
APRIL 4, 2021
The financial value of green buildings is well documented, from commanding higher rents, greater occupancy rates, and increased occupant satisfaction, to lower operating costs for everything from reduced insurance premiums and less energy utilized, easily resulting in an increased return on investment of more than 9% over conventional building.
Levelset
OCTOBER 13, 2022
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.
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Levelset
SEPTEMBER 16, 2022
If a contractor’s work fails after a project is complete, completed operations insurance can help cover some of the expenses. It is sold as an extension to your general liability insurance policy and may be required by the state you work in or the project owner. Learn more: The most common types of insurance policies in construction.
Green Building Law Update
JULY 24, 2016
The concept is not new, but nationally, residential PACE programs generally have been put on hold or foregone as a result of concerns of HUD and the Federal Home Loan Banks, that issued a directive in February 2011 to refrain from purchasing mortgage loans secured by properties with outstanding first lien PACE obligations.
Constructlaw
JULY 14, 2022
Bank of America, N.A. Sweet) to renovate a commercial space in Manhattan’s Diamond District (the Project). In January 2015, Sweet notified its subcontractors, including Arenson, of “the payment process” for the Project, noting that “all subs are being paid directly from the bank, but will be distributed by [Sweet].”
Levelset
FEBRUARY 3, 2023
One of the most significant challenges during that time was the lack of financing for commercial construction companies. With longer payment terms, Materials Financing will empower you to use your cash to pay for necessities like payroll, utilities, equipment, and insurance instead of pouring it into upfront material costs.
Construction Marketing
FEBRUARY 11, 2021
Insurance, liability, and workers’ compensation . Other costs: Insurance, taxes, advertising, vehicle maintenance, dumpster fees, and petrol. 10) Business bank account and credit card. A separate bank account will make management easier, and it will help protect your personal assets. 13) Business insurance.
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