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Completed Operations: A Contractor’s Guide to Coverage, Cost, & More

Levelset

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.

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4 Factors Underwriters Consider When Issuing a Construction Bond

Levelset

The construction industry has one of the highest rates of business failure. Sureties calculate working capital more conservatively than other credit providers or banks. In the event of issues, access to additional sources of liquidity, like a bank line or personal funds, is also important. Sufficient working capital.

Risk 52
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Traveller letters: Why should we pay 50 per cent more to have middle seats kept empty?

Construction Test

However, I’m not finding that to be the case with travel insurance. It feels like I’ve paid for 12 months of cover, for which NIB can just bank as free money for no service. After all, insurers also have a role in helping the travel industry recover. IAG is one insurer I know that has stepped up.

Travel 26
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Builders, Stop the Waste!

Pro Builder

I’d sent a proof of my “ (Still) Waiting for the Home Building Technology Revolution ” column, slated to run in the November/December issue, to 20 industry contacts and had received a remarkable response. That feedback was key for my next column, a follow-up. Well, that builder thought the same. The examples go on and on. Lean methodology. .

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Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Go To Your Bank - And they offer you a line of credit. We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Bank Accounts - Set up two bank accounts in your company name. You say O.K.

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New Contractor Business Start Up

Contractor Bookkeeping

Go To Your Bank - And they offer you a line of credit. We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Bank Accounts - Set up two bank accounts in your company name. You say O.K.

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Common Types of Construction Contracts And Their Use

cnstrctr

Whether it’s an industry template or your own there’s plenty of options for you. While this contract type seems risky, it’s been in use for hundreds of years and only recently have alternative contract types started to be put in use in our industry. Widely Adopted – there’s a familiarity within the industry.