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What Is a Certificate of Insurance (COI) for Contractors — and When Do You Need One?

Levelset

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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Green Buildings are Subsidizing Conventional Buildings Stymying Climate Progress

Green Building Law Update

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.

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What Your Business Credit Report Tells Lenders

Pro Builder

It helps lenders assess whether you’re qualified for the loan amount you’re requesting and if you’ve been good at managing your company’s finances. Insurance companies will look for your business credit report as part of the underwriting process. What Is a Business Credit Score? Why Is Your Business Credit Report Important?

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Common Types of Construction Contracts And Their Use

cnstrctr

The different types of construction projects include: Lump Sum Construction Management (Cost Plus / Guaranteed Maximum Price) Design Build Design Build Finance Maintain. The contractor is typically not required to provide as much information and cost breakdown. Public Private Partnerships – Design, Build Finance and Maintain.

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Oregon Incentives and Workforce Development Guide

Business Facilities

Oregon Business Development Fund (OBDF): A revolving loan fund that provides term fixed-rate financing for land, buildings, equipment, machinery and permanent working capital. Oregon Credit Enhancement Fund (CEF): A loan insurance program available to lenders to assist businesses in obtaining access to capital. loan origination fee.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Accounting & Finance. The Business of Construction Risk Management » The Fundamentals of Building Information Modeling (BIM). Building Information Modeling (BIM) is no different. Does an electrical raceway run through a duct bank? STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Accounting & Finance. For example, banks and other financial institutions put in stronger measures than many other industries. Eric even predicts that down the road, information will be protected with not only a password, but biometrics, such as a fingerprint. STRATEGY |. MANAGEMENT |. ACCOUNTING |.

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